OFF MARKET

525 Main Road
Golden Point VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1806m2
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Property Details for 525 Main Rd, Golden Point

Building Type
Commercial
Land Size
1806m2
Local Government
Ballarat
Lot/Plan
2/PS303986

Last Listing description (August 2019)

Phone enquiries - please quote property ID 20950
Motel Leasehold Opportunity
Great opportunity to buy yourself a business and a home - live on site. Great schooling options in Ballarat and this motel is located opposite one of Australia's greatest Tourist Attractions.

Located in one of Victoria's largest provincial cities, this family run motel has to be seen to be believed - also easy to run by managers. It is within walking distance of one of Victoria's most popular tourist attractions and boasts an occupancy way above the state average.
Nett Profit $476, 686
* 26 spacious 4 and 4.5 star rated suites
* Stunning 3 bedroom 2 bathroom executive residence onsite
* Excellent mix of corporate and leisure trade
* Ample on site parking
* Commercial Kitchen and Liquor licence & restaurant space (not currently trading with a restaurant)
* 30 year lease, Market Rent.
* High Occupancy over 80% year round
Multi award winning motel and huge social media following
Property inspections are by appointment only, please get in touch for more information
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

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Property History for 525 Main Rd, Golden Point, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$168,000
02 Oct 2001
  • 04 Aug 2019
    Listed for Sale Under Offer
  • 02 Oct 2001
    Sold for $168,000

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About Golden Point 3350

The size of Golden Point is approximately 1.9 square kilometres. It has 6 parks covering nearly 27.9% of total area. The population of Golden Point in 2011 was 2,186 people. By 2016 the population was 2,094 showing a population decline of 4.2% in the area during that time. The predominant age group in Golden Point is 20-29 years. Households in Golden Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Point work in a professional occupation. In 2011, 60.1% of the homes in Golden Point were owner-occupied compared with 56.4% in 2016.

Golden Point has 1,415 properties. Over the last 5 years, Houses in Golden Point have seen a 24.73% increase in median value, while Units have seen a 28.67% increase. As at 30 November 2024:

  • The median value for Houses in Golden Point is $475,709 while the median value for Units is $360,724.
  • Houses have a median rent of $380 while Units have a median rent of $355.
There are currently 12 properties listed for sale, and 6 properties listed for rent in Golden point on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Golden point.

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