7096 Midland HighwayBuninyong VIC 3357
Property Details for 7096 Midland Hwy, Buninyong
Last Listing description (October 2017)
Expressions of interest are invited to purchase this twenty unit former motel along the Midland Highway to Geelong. Situated high on a hill just outside historic Buninyong, this property offers extended views overlooking Buninyong and its surrounds. Close to stunning landmarks, including gardens and many historic buildings and of course home to one the major cycling events on the National Championship calendar, this stunning and very popular country town is a major tourist destination 15 minute s drive to the heart of Central Ballarat
Flanked by majestic gums and rambling natives, this motel is situated on approx 40788m2/10 acre prominent site allowing ample land for future expansion and or subdivision STCA
There is a tidy reception area and adjacent office with direct access to the self-contained manager s residence.
Beyond this, is a fully functional industrial/commercial kitchen with two generous storerooms and 14 banks of 10 solar panels assisting with the energy and efficiency.
All 20 guest rooms are in good condition with glass sliding doors overlooking the rear gardens and views while split systems, spacious bathrooms, tea/coffee making facilities are available throughout.
Garden BBQ facilities along with the opportunity to further improve the amenities with a massive spread of land available. Currently being utilised as a guest house this presents a great opportunity to purchase a seldom offered former Victorian Country Motel of this size.
Further features including, a manager s residence, a commercial kitchen and laundry, a spacious dining and common area and it is currently leased with great returns.
For further particulars and details, please contact our agent for viewing.
Property History for 7096 Midland Hwy, Buninyong, VIC 3357
- 05 Oct 2017Sold for $1,200,000
- 30 Mar 2017Listed for Sale $1,300,000
- 19 Nov 2012Listed for Sale FREEHOLD BUYERS GUIDE $1,900,000
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About Buninyong 3357
The size of Buninyong is approximately 26.0 square kilometres. There are 15 parks, covering nearly 3.6% of the 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 1,865 properties. Over the last 5 years, Houses in Buninyong have seen a 21.20% increase in median value, while Units have seen a 21.48% increase. As at 30 June 2026:
- The median value for Houses in Buninyong is $827,883 while the median value for Units is $433,471.
- Houses have a median rent of $450 while Units have a median rent of $370.
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