700 Ballarat RoadBatesford VIC 3213
Property Details for 700 Ballarat Rd, Batesford
Last Listing description (October 2018)
JLL Hotels & Hospitality Group has been exclusively retained to offer for sale the freehold and business of the Batesford Hotel located only minutes from Geelong.
Completely rebuilt hotel, just 8 months since reopening
Meticulous renovation that includes stunning wedding/function venue overlooking enormous garden on the river
Strong forward bookings for both weddings and functions
A stable and consistent weekly trade with strong growth providing a solid investment platform, currently trading 5 days per week
Huge freehold property of over 5,100sqm within minutes to Geelong and the Ring Road, just over an hour from Melbourne
High quality kitchen, cool rooms and equipment, everything brand new
Batesford and the Geelong area witnessing significant growth, expansion and development with over 100,000 additional dwellings identified
For sale via expressions of interest
Closing 4:00pm (AEST) Wednesday 28 March 2018
Property History for 700 Ballarat Rd, Batesford, VIC 3213
- 28 Feb 2018Listed for Sale EXPRESSIONS OF INTEREST
- 04 Nov 2011Sold for $500,000
- 19 Aug 2011Transferred
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0About Batesford 3213
The size of Batesford is approximately 21.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Batesford in 2011 was 739 people. By 2016 the population was 950 showing a population growth of 28.6% in the area during that time. The predominant age group in Batesford is 10-19 years. Households in Batesford are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Batesford work in a professional occupation. In 2011, 95.7% of the homes in Batesford were owner-occupied compared with 93.8% in 2016.
Batesford has 524 properties. Over the last 5 years, Houses in Batesford have seen a 52.58% increase in median value, while Units have seen a 29.49% increase. As at 31 October 2024:
- The median value for Houses in Batesford is $987,290 while the median value for Units is $511,743.
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