2115 Glenelg HighwayLake Bolac VIC 3351
Property Details for 2115 Glenelg Hwy, Lake Bolac
2115 Glenelg Hwy, Lake Bolac is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 1009m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (April 2021)
Here is a rare and affordable opportunity with this former Historic Bakery prime for renovation or development set on a large 1,010 sqm site in a Township zone & potential for residential or commercial use STCA. Close to the Grampians and popular for water recreation, Lake Bolac is only 50 kms from Ararat & close to Ballarat, Warrnambool and Hamilton. The home once used as the Bakery Shop has been uninhabited for around 30years is around 213 sq.m. with many period features however now requires a lot of TLC (due to previous fire damage), to restore to its former period glory. One key feature on this large allotment is an historical brick bakery building around 108 sq.m. with 4m ceilings & potential for loft or mezzanine extension in the gable roof, is complete with a large kiln oven & bread paddles and conveniently situated at the back of the block adjacent to the rear street allowing potential for drive through access. This is definitely a chance to turn back the clock by starting a fresh new business done the traditional way which is on trend and exactly what the area is looking for. Don't dream, do it now. Located on the busy Glenelg Highway directly opposite the local Visitor Information Centre and Bendigo Bank. What an opportunity to capture busy trade for your business. Contact appointed agents for more details or an inspection: Phil Clark 0417 509 025 or Ray White Ararat Office Tel: 03 5352 2303.
Property History for 2115 Glenelg Hwy, Lake Bolac, VIC 3351
- 14 Apr 2021Sold for $107,500
- 19 Jun 2020Listed for Sale $120,000
- 15 Feb 1975Sold for $10,380
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0About Lake Bolac 3351
The size of Lake Bolac is approximately 265.3 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Lake Bolac in 2011 was 478 people. By 2016 the population was 335 showing a population decline of 29.9% in the area during that time. The predominant age group in Lake Bolac is 50-59 years. Households in Lake Bolac are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lake Bolac work in a managers occupation. In 2011, 75% of the homes in Lake Bolac were owner-occupied compared with 74.7% in 2016.
Lake Bolac has 287 properties. Over the last 5 years, Houses in Lake Bolac have seen a 115.19% increase in median value, while Units have seen a -4.22% decrease. As at 30 November 2024:
- The median value for Houses in Lake Bolac is $277,847 while the median value for Units is $332,706.
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