5 Lal Lal Street, Golden Point, VIC 3350 | Commercial for sale | OnTheHouse
 
FOR SALE
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5 Lal Lal Street
Golden Point VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: 25
Floor area: 1800m2
Land area: 3232m2
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Premium Apartment Motel Investment in the Heart of Ballarat

An exceptional opportunity to acquire the freehold and business of Sovereign Views Apartments - a well-established, high-performing accommodation asset located in the heart of one of Victoria's most popular regional tourist destinations.
Strategically positioned just 200m from Sovereign Hill, the property comprises 25 fully self-contained apartments across a mix of configurations.
Set on a generous landholding with ample on-site parking, the complex caters to a broad market including leisure travellers, corporate guests, and group bookings. Each apartment is modern, spacious, and well-equipped, offering full kitchens or kitchenettes, air conditioning, free Wi-Fi, and flat-screen TVs.
Key Highlights:
Strong year-round occupancy driven by tourism, education, and corporate demand
Prime location near Sovereign Hill, Gold Museum, Ballarat Wildlife Park, Lake Wendouree, Art Gallery of Ballarat, and the CBD
Proven trading history with scope to further grow revenue
Professionally maintained and presented, ready for immediate takeover
Rare opportunity to purchase both the freehold and business as a going concern
Whether you're a seasoned operator or a lifestyle investor seeking a profitable and established accommodation business, Sovereign Views Apartments offers a turn-key opportunity in a thriving regional city.
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Property Details for 5 Lal Lal St, Golden Point

Building Type
Commercial
Floor Size
1800m2
Land Size
3232m2
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About Golden Point 3350

The size of Golden Point is approximately 1.9 square kilometres. It has 6 parks covering nearly 27.9% of total area. The population of Golden Point in 2016 was 2107 people. By 2021 the population was 2217 showing a population growth of 5.2% in the area during that time. The predominant age group in Golden Point is 20-29 years. Households in Golden Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Point work in a professional occupation.In 2021, 59.30% of the homes in Golden Point were owner-occupied compared with 56.40% in 2016.

Golden Point has 1,426 properties. Over the last 5 years, Houses in Golden Point have seen a 28.50% increase in median value, while Units have seen a 29.45% increase. As at 31 October 2025:

  • The median value for Houses in Golden Point is $524,820 while the median value for Units is $401,992.
  • Houses have a median rent of $390 while Units have a median rent of $375.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Golden point on OnTheHouse. According to Cotality's data, 93 properties were sold in the past 12 months in Golden point.

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Sunny Hurne
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Nitin Kumar
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Raine & Horne Land Victoria
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