101-105 Curtis Street, Bakery Hill, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

101-105 Curtis Street
Bakery Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1873m2
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Property Details for 101-105 Curtis St, Bakery Hill

Building Type
Commercial
Land Size
1873m2
Local Government
Ballarat
Lot/Plan
2/PS646366

Last Listing description (May 2011)

Modern Motel Investment
In the heart of Ballarat Central Business District and in close proximity to all retail shops and restaurants as well as being central to Sovereign Hill and Lake Wendouree and all Ballarat???s beautiful attractions.
This almost new property has a building area of approximately 1,220 square metres over two levels comprising a total of 21 rooms including 6 single bedrooms, 4 double bedrooms, 5 single bedroom spa suites and 6 single bedroom lounge suites. In addition there is an indoor swimming pool, reception area, manager???s 2 bedroom residence over two levels as well as ancillary storage and cleaning rooms.

The motel business has recently been sold on a new 5 year lease with five further 5 year options with an initial rental of $170,000 + GST. Existing additional income of approx $12,500 from rear car park which could be significantly increased with minor works.
Total land size is 3,370 square metres with the motel currently occupying approximately 50% of the site.
The rear land, with an area of 1,650 square metres is available for further development with a planning permits in place for further for 10 two and three bedroom apartments, this could be altered to combination of offices, apartments further motel units or similar or this lot could be sold off to further increase your yield.

Property History for 101-105 Curtis St, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$2,250,000
06 Jul 2011
  • 06 Jul 2011
    Sold for $2,250,000
  • 09 Apr 2011
    Listed for Sale 2850000
  • 26 Feb 2011
    Listed for Sale Not Disclosed
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About Bakery Hill 3350

The size of Bakery Hill is approximately 0.2 square kilometres. It has 2 parks. The population of Bakery Hill in 2016 was 164 people. By 2021 the population was 180 showing a population growth of 9.8% in the area during that time. The predominant age group in Bakery Hill is 20-29 years. Households in Bakery Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bakery Hill work in a professional occupation.In 2021, 43.60% of the homes in Bakery Hill were owner-occupied compared with 46.70% in 2016.

Bakery Hill has 328 properties. Over the last 5 years, Houses in Bakery Hill have seen a 16.59% increase in median value, while Units have seen a 33.43% increase. As at 31 January 2026:

  • The median value for Houses in Bakery Hill is $721,463 while the median value for Units is $570,292.
  • Houses have a median rent of $455.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Bakery hill on OnTheHouse. According to Cotality's data, 9 properties were sold in the past 12 months in Bakery hill.

Suburb Insights for Bakery Hill 3350

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Cotality Copyright and Legal Disclaimers about Property Data
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.