A sound financial business investment opportunity, with adjoining substantial residence and an expanse of land in the middle of a vibrant picturesque town. Community owned rebuilt business, now being offered back for the first time as a private investment. Located in Southern Grampians Shire, Balmoral is a well situated rural community with excellent schooling, sporting and support facilities. Being at the gateway to the scenic Rocklands Reservoir, this is an opportune time to take advantage of tourist trade.
* Includes 4 bedroom residence with period features.
* All usual supermarket items plus liquor and tobacco.
The size of Balmoral is approximately 242.8 square kilometres. It has 3 parks covering nearly 6.6% of total area. The population of Balmoral in 2011 was 330 people. By 2016 the population was 305 showing a population decline of 7.6% in the area during that time. The predominant age group in Balmoral is 50-59 years. Households in Balmoral are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balmoral work in a managers occupation. In 2011, 74.6% of the homes in Balmoral were owner-occupied compared with 86.7% in 2016..
Balmoral has 255 properties. Over the last 5 years, Houses in Balmoral have seen a 69.84% increase in median value. As at 31 October 2024:
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