401 Warrenheip StreetBuninyong VIC 3357
Property Details for 401 Warrenheip St, Buninyong
Last Listing description (October 2019)
Freehold Commercial Building For Sale in the Thriving Township of Buninyong
Located right in the heart of the ever-thriving Buninyong is this rare commercial opportunity to purchase the iconic Red Door Building. Being currently leased to a very secure tenant (Red Door Pizzeria) for approx. $521 incl GST per week, the tenure of the lease has a three-year term still to run with further three-year options and CPI increases. The tenant pays all outgoings and has established a wonderful business that provides gourmet wood fired pizzas to Buninyong and surrounding areas.
The position is outstanding being surrounded by other successful businesses, cafes and local pub making the Buninyong community such a sought-after location for a strategic investment opportunity.
The building itself has some remarkable historical features with Adzed timber floors throughout and an impressive timber lined cathedral ceiling with exposed rafters, full commercial kitchen and all toilet amenities built to code. The natural brick walls combined with the rustic feel of the Pizzeria restaurant makes this property an attractive piece of real estate.
If you would like to view the property, be sure to contact Buxton Ballarat today to arrange your own viewing.
Property History for 401 Warrenheip St, Buninyong, VIC 3357
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About Buninyong 3357
The size of Buninyong is approximately 26.0 square kilometres. It has 15 parks covering nearly 3.6% of 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 1,864 properties. Over the last 5 years, Houses in Buninyong have seen a 30.61% increase in median value, while Units have seen a 28.06% increase. As at 31 December 2025:
- The median value for Houses in Buninyong is $799,513 while the median value for Units is $447,719.
- Houses have a median rent of $460 while Units have a median rent of $378.
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