56 Main Street & 4 Florence Street, Stawell, VIC 3380 | Commercial for sale | OnTheHouse
 
FOR SALE
Price Range: $760,000 - $795,000

56 Main Street & 4 Florence Street
Stawell VIC 3380

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1100m2
Land area: 1358m2
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Dual Freehold Investment - Leased to Award-Winning Tenant

An exceptional opportunity to secure a prime dual freehold investment in the thriving regional hub of Stawell. Comprising three titles across two properties, this rare offering provides both commercial and administrative accommodation, underpinned by a long-term lease to a highly successful multi-site tenant.
At 56 Main Street, Stawell, the property features a prominent shopfront with exceptional exposure and high pedestrian traffic, leased to Waacks Bakery, a locally founded and award-winning business established in 1995. The property includes both the retail frontage and extensive bakery facilities to the rear, forming the heart of the tenant's operations.
Adjoining this, 4 Florence Street provides additional commercial accommodation that is currently utilised by the same tenant as their administration offices, ensuring secure and complementary use across both sites. Waacks Bakery is a renowned family-owned business that has expanded into Ararat in 1999 and Horsham in 2006, giving investors confidence in the strength and stability of this tenant. Their significant investment into the fit-out of both properties further demonstrates their long-term commitment to the location.
Together, the properties deliver a combined annual rental income of $49,723.00. Both leases commenced in March 2016 and are within a current three-year term expiring in March 2028, with two further terms of three years available. Importantly, the tenant pays 100 percent of the outgoings on both properties, ensuring a secure and high-yielding return for the purchaser.
Set across three titles, the combined landholding spans 1,358 square metres. Zoned Commercial 1, the site offers high-profile main street frontage, ample parking, and strong visibility in a busy commercial precinct.
Beyond the security of the current tenancy, these properties also offer excellent future development potential. With dual street frontages, flexible zoning and a generous landholding in the heart of Stawell, the site is well-suited to future retail, office or mixed-use redevelopment should the tenant ever vacate, adding a further layer of long-term investment appeal.
This is a solid regional investment with strong holding income today and outstanding growth potential for tomorrow. Rarely do properties of this quality, with such secure leases and proven tenant performance, come to market in regional Victoria.

Property Details for 56 Main Street & 4 Florence St, Stawell

Building Type
Commercial
Floor Size
1100m2
Land Size
1358m2
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About Stawell 3380

The size of Stawell is approximately 92.4 square kilometres. It has 20 parks covering nearly 7.9% of total area. The population of Stawell in 2016 was 6032 people. By 2021 the population was 6220 showing a population growth of 3.1% in the area during that time. The predominant age group in Stawell is 60-69 years. Households in Stawell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stawell work in a labourer occupation.In 2021, 71.80% of the homes in Stawell were owner-occupied compared with 69.70% in 2016.

Stawell has 3,909 properties. Over the last 5 years, Houses in Stawell have seen a 63.50% increase in median value, while Units have seen a 84.33% increase. As at 30 November 2025:

  • The median value for Houses in Stawell is $366,459 while the median value for Units is $309,151.
  • Houses have a median rent of $400 while Units have a median rent of $260.
There are currently 20 properties listed for sale, and no properties listed for rent in Stawell on OnTheHouse. According to Cotality's data, 152 properties were sold in the past 12 months in Stawell.

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