OFF MARKET

424-426 High Street
Learmonth VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 665m2
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Property Details for 424-426 High St, Learmonth

Building Type
Commercial
Land Size
665m2
Local Government
Ballarat
Lot/Plan
1/TP578415

Last Listing description (June 2023)

A great opportunity exists here with this outstanding freehold property set on the main Sunraysia Highway in the picturesque township of Learmonth.

The original building of Bluestone and brick was constructed in 1861 and sits on 655M2 allotment.

Was previously the General Store and Post office and this space comprises large open plan with cool room, separate commercial kitchen (refurbished 2009) and office space with direct internal access to the residence which can be closed off from the front premises.

The attached home comprises 3 generous bedrooms plus additional home office, open plan kitchen living area with wood heater and r/cycle air-conditioner.

The property has a large 4 car garage with ease of access.

If someone is looking for pace for a commercial operation the options here are endless. To re-establish the post office and general store would go very well while other options of Caf, food operations, tourist facility just to name a few.

Learmonth boasts may attractions with its lake precinct with parks and recreational areas, local art hall and Cider facilities. It is also strategically positioned to take advantage of the high traffic to Avoca, St Arnaud and beyond and Learmonth is an engaged community who would embrace a great opportunity for one to pursue your business in these premisses.

Call today to arrange your own private viewing.

Property History for 424-426 High St, Learmonth, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$320,000
07 Jan 2011
  • 08 Sep 2015
    Listed for Sale $600,000
  • 11 Jun 2013
    Listed for Sale $600,000 NEGOTIABLE
  • 07 Jan 2011
    Sold for $320,000
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About Learmonth 3352

The size of Learmonth is approximately 38.6 square kilometres. The population of Learmonth in 2011 was 301 people. By 2016 the population was 436 showing a population growth of 44.9% in the area during that time. The predominant age group in Learmonth is 60-69 years. Households in Learmonth are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Learmonth work in a trades occupation. In 2011, 74.6% of the homes in Learmonth were owner-occupied compared with 78.8% in 2016.

Learmonth has 266 properties. Over the last 5 years, Houses in Learmonth have seen a 68.71% increase in median value. As at 31 October 2024:

  • The median value for Houses in Learmonth is $581,297 while the median value for Units is $231,756.
There are currently 2 properties listed for sale, and no properties listed for rent in Learmonth on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Learmonth.

Suburb Insights for Learmonth 3352

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.