55 Wallace St, Meredith is a 3 bedroom, 1 bathroom House. The property has a land size of 4035m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
We are after an experienced Hospitality operator to lease the existing and refurbished Cafe/Restaurant. There is already a well known & successful business Steel Art Australia who occupy the grounds of the premises so its the perfect opportunity to combine your ideas and use of the Cafe space. The prominent position of the premises means your business would have huge exposure to the passing traffic between Geelong and Ballarat and the township of Meredith is increasingly attracting tourists with its picturesque bush range surrounds being steeped in Australian gold - rush history. Make this the destination spot everyone has to stop at and enjoy the amazing services you are to provide.
Building Area: 200m2 approx
Huge Exposure
The size of Meredith is approximately 209.4 square kilometres. It has 4 parks covering nearly 4.5% of total area. The population of Meredith in 2011 was 738 people. By 2016 the population was 804 showing a population growth of 8.9% in the area during that time. The predominant age group in Meredith is 50-59 years. Households in Meredith are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Meredith work in a managers occupation. In 2011, 83.3% of the homes in Meredith were owner-occupied compared with 81.4% in 2016.
Meredith has 495 properties. Over the last 5 years, Houses in Meredith have seen a 61.07% increase in median value, while Units have seen a -37.73% decrease. As at 30 September 2024:
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