194 Victoria StreetBallarat East VIC 3350
Property Details for 194 Victoria St, Ballarat East
194 Victoria St, Ballarat East is a 9 bedroom, 3 bathroom House with 1 parking spaces and was built in 1923. The property has a land size of 3042m2 and floor size of 532m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
Last Listing description (July 2020)
The facade of Meaghers Hotel eludes to its historic past (circa 1923) and former use as a hotel. Since those historic times the property has evolved into an art gallery, home and now a 6 room BNB and office rental space.
This property (60sqs) comprises nine bedrooms, three bathrooms and large living areas, with space for multiple vehicles, trailers and boats.
Meaghers is located on a large block of 1492m2 along the premier entrance to Ballarat from Melbourne, and situated on the fringe of the CBD. Excellent street frontage and parking are a plus for a niche business or business and residence.
The old building retains its original features including, high ceilings, fireplaces, and timber floors.
The established garden consists of a large lawn area, raised vegetable beds, orchard and chook yard. The opportunity for further development exists. There is also a planning permit in place should you wish to subdivide at the rear.
The property has been lived in sympathetically with its existing condition and charm. The large, well-appointed, kitchen, spacious and central studio/theatre room with own stage, original bar, cellar and billiard room allow for options galore.
Meaghers may be the answer to your next enterprise. How will you shape it?
Call our agent today to discuss the many more features and for a private inspection of this unique property.
Property History for 194 Victoria St, Ballarat East, VIC 3350
- 19 Feb 2020Listed for Sale $1,100,000 - $1,200,000
- 05 Jan 2016Sold for $1,000,000
- 30 Apr 2015Listed for Sale $1,180,000-1,265,000
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0About Ballarat East 3350
The size of Ballarat East is approximately 6 square kilometres. It has 15 parks covering nearly 21% of total area. The population of Ballarat East in 2011 was 5,308 people. By 2016 the population was 5,612 showing a population growth of 5.7% in the area during that time. The predominant age group in Ballarat East is 20-29 years. Households in Ballarat East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat East work in a professional occupation. In 2011, 60% of the homes in Ballarat East were owner-occupied compared with 56.7% in 2016.
Ballarat East has 3,646 properties. Over the last 5 years, Houses in Ballarat East have seen a 26.56% increase in median value, while Units have seen a 16.24% increase. As at 31 October 2024:
- The median value for Houses in Ballarat East is $465,232 while the median value for Units is $369,668.
- Houses have a median rent of $400 while Units have a median rent of $380.
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