28 Main Road, Bakery Hill, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

28 Main Road
Bakery Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 149m2
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Property Details for 28 Main Rd, Bakery Hill

Building Type
Commercial
Land Size
149m2
Local Government
Ballarat
Lot/Plan
2/PS832049

Last Listing description (April 2023)

An opportunity exists for business operators and investors to purchase this character filled heritage commercial property on a large 462m2 site with two street frontages and strategically positioned in Main Road adjacent to the Bridge Mall in a re-emerging commercial/hospitality precinct. The property includes two former separate two storey shops now incorporated into a large combined restaurant/pizzeria/caf premises with first floor function room and facilities. The improvements are full of character and offer flexibility to be utilised for a range of commercial purposes. The two buildings include ground level bar/restaurant and first floor function space and amenities. The "Main Bar" comprises ground floor bar/restaurant, commercial kitchen, amenities and separate rear function room with access to deck and first floor function room with bar and amenities and access to a second external deck. "Tinetti's Pizzeria" comprises a serving and display area, pizza oven and access to the commercial kitchen. Being sold with vacant possession, this property has to be inspected to fully appreciate the character and diversity on offer. Make your inspection today

Property History for 28 Main Rd, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$561,000
30 Oct 2019
Listed for Rent
$1.38k/w
07 Jun 2022
  • 28 Jun 2021
    Listed for Rent $72,000 / year
  • 29 Nov 2019
    Listed for Sale $1,250,000 + GST If Applicable
  • 30 Oct 2019
    Sold for $561,000
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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.