507 Warrenheip Street, Buninyong, VIC 3357 | Commercial for sale | OnTheHouse
FOR SALE
$1,000,000 - $1,100,000

507 Warrenheip Street
Buninyong VIC 3357

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 350m2
Land area: 340m2
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Potential 7% Return - Multi-Stream Investment

Ray White Commercial Ballarat is delighted to present 507 Warrenheip Street, Buninyong, a premier multi-income asset situated in the absolute heart of this historic township. This exceptional property offers a rare "triple-threat" revenue stream, combining two established commercial tenancies with a modern, spacious residential component.
The property is strategically positioned within a high-exposure Commercial 1 Zone (C1Z), ensuring maximum long-term flexibility and capital growth potential. Located directly on the main thoroughfare, it sits adjacent to the Buninyong Town Centre and is within walking distance of the Buninyong Hotel, Buninyong Primary School, and local amenities.
Investment & Property Summary:
• Total Combined Income: $73,197* per annum.
• Commercial Shops (2 Units): Generating $50,317* per annum + GST & Outgoings.
• Residential Townhouse: Returning $22,880 per annum.
• Commercial Tenants pay all usual outgoings excluding land tax
• Total Building Area: Combined floor area of 275.50m² (154m² Commercial + 121.50m² Residential).
• Shop 1 lease - Three year lease commencing 1/3/2025, current rent $25,391.89pa + GST & Outgoings
• Shop 2 lease - Tenant has exercised option for a further 2 years from 1st August, 2026 with a commencing rental of $24,926.04pa + GST & Outgoings, one further terms of 3 years
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Property Details for 507 Warrenheip St, Buninyong

Building Type
Commercial
Floor Size
350m2
Land Size
340m2
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About Buninyong 3357

The size of Buninyong is approximately 26.0 square kilometres. There are 15 parks, covering nearly 3.6% of the total area. The population of Buninyong in 2016 was 3714 people. By 2021 the population was 3797 showing a population growth of 2.2% in the area during that time. The predominant age group in Buninyong is 10-19 years. Households in Buninyong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buninyong work in a professional occupation.In 2021, 85.00% of the homes in Buninyong were owner-occupied compared with 82.90% in 2016.

Buninyong has 1,865 properties. Over the last 5 years, Houses in Buninyong have seen a 22.41% increase in median value, while Units have seen a -1.31% decrease. As at 31 July 2026:

  • The median value for Houses in Buninyong is $840,022 while the median value for Units is $388,854.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 24 properties listed for sale, and 1 property listed for rent in Buninyong on OnTheHouse. According to Cotality's data, 74 properties were sold in the past 12 months in Buninyong.

Suburb Insights for Buninyong 3357

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Sam Borner
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.