86-88 Main Rd, Bakery Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 327m2.
Looking for a perfect investment property that offers both quality residential living and retail shop? Look no further than this beautiful mixe-used property that offers both excellent lifestyle and investment potential. It features a charming low-maintenance residential home on Porter Street, and a commercial retail shop on Main Road with its own separate entrance, street frontage and plenty of street parking. This is a perfect location for those who are looking for a central location near Bridge Mall and Ballarat Central District.
The retail shop features:
Conveniently located at the heart of Bakery Hill on Main Road.
The size of Bakery Hill is approximately 0.2 square kilometres. It has 2 parks. The population of Bakery Hill in 2011 was 174 people. By 2016 the population was 171 showing a population decline of 1.7% in the area during that time. The predominant age group in Bakery Hill is 20-29 years. Households in Bakery Hill are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Bakery Hill work in a professional occupation. In 2011, 45.1% of the homes in Bakery Hill were owner-occupied compared with 46.7% in 2016.
Bakery Hill has 320 properties. Over the last 5 years, Houses in Bakery Hill have seen a 21.39% increase in median value, while Units have seen a 46.19% increase. As at 31 October 2024:
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