OFF MARKET

741 Bungaree-Wallace Road
Wallace VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 720m2
Land area: 7195m2
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Property Details for 741 Bungaree-Wallace Rd, Wallace

Building Type
Commercial
Floor Size
720m2
Land Size
7195m2
Local Government
Moorabool
Lot/Plan
1/TP122502

Last Listing description (August 2008)

FREEHOLD HOTEL
LEASE & FREEHOLD AVAILABLE - WELL PRESENTED PROPERTY ON LARGE PARCEL OF LAND, 10 MINUTES MELBOURNE SIDE OF BALLARAT CITY.
RECENTLY RENOVATED WITH 120 SEAT FUNCTION ROOM AND LARGE CAR PARK, AND GREAT ACCOMMODATION.

TURNOVER - APPROX. $350,000 PER ANNUM
FACILITIES INCLUDING;
- BAR
- LOUNGE
- FUNCTION ROOM
- ACCOMMODATION
FOR FURTHER INFORMATION PLEASE CONTACT RUSSELL SMITH ON 0419 109 781 OR FRANK TROOST ON 0418 884 733.

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Property History for 741 Bungaree-Wallace Rd, Wallace, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$490,000
25 Aug 2009
  • 25 Aug 2009
    Sold for $490,000
  • 06 Aug 2008
    Sold for $480,000
  • 06 Jun 2008
    Listed for Sale FREEHOLD $550,000

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About Wallace 3352

The size of Wallace is approximately 11.2 square kilometres. The population of Wallace in 2011 was 359 people. By 2016 the population was 205 showing a population decline of 42.9% in the area during that time. The predominant age group in Wallace is 50-59 years. Households in Wallace are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallace work in a clerical occupation. In 2011, 89.7% of the homes in Wallace were owner-occupied compared with 80.3% in 2016..

Wallace has 107 properties. Over the last 5 years, Houses in Wallace have seen a 52.72% increase in median value. As at 31 October 2024:

  • The median value for Houses in Wallace is $702,305.
There are currently no properties listed for sale, and no properties listed for rent in Wallace on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Wallace.

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