5 Lal Lal Street, Golden Point, VIC 3350 sold on 21 February 2026 | OnTheHouse
 
SOLD
Sold on 21 Feb 2026 - Price Unavailable

5 Lal Lal Street
Golden Point VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: 25
Floor area: 1800m2
Land area: 3232m2
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Property Details for 5 Lal Lal St, Golden Point

Building Type
Commercial
Floor Size
1800m2
Land Size
3232m2

Last Listing description (February 2026)

An exceptional opportunity to acquire the freehold and business of Sovereign Views Apartments - a well-established, high-performing accommodation asset located in the heart of one of Victoria's most popular regional tourist destinations.

Strategically positioned just 200m from Sovereign Hill, the property comprises 25 fully self-contained apartments across a mix of configurations.

Set on a generous landholding with ample on-site parking, the complex caters to a broad market including leisure travellers, corporate guests, and group bookings. Each apartment is modern, spacious, and well-equipped, offering full kitchens or kitchenettes, air conditioning, free Wi-Fi, and flat-screen TVs.

Key Highlights:

Strong year-round occupancy driven by tourism, education, and corporate demand

Prime location near Sovereign Hill, Gold Museum, Ballarat Wildlife Park, Lake Wendouree, Art Gallery of Ballarat, and the CBD

Proven trading history with scope to further grow revenue

Professionally maintained and presented, ready for immediate takeover

Rare opportunity to purchase both the freehold and business as a going concern

Whether you're a seasoned operator or a lifestyle investor seeking a profitable and established accommodation business, Sovereign Views Apartments offers a turn-key opportunity in a thriving regional city.

For further information or to arrange a private inspection, contact Sunny Hurne 0433 168 822 & Nitin Kumar 0416 417 297

Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 5 Lal Lal St, Golden Point, VIC 3350

A timeline of how this property has performed in the market
Last Sold
21 Feb 2026
  • 17 Mar 2026
    Listed for Sale Under Contract!
  • 07 Nov 2025
    Listed for Sale Under Contract!
  • 06 Jun 2025
    Listed for Sale Contact Agent
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About Golden Point 3350

The size of Golden Point is approximately 1.9 square kilometres. There are 6 parks, covering nearly 27.9% of the total area. The population of Golden Point in 2016 was 2107 people. By 2021 the population was 2217 showing a population growth of 5.2% in the area during that time. The predominant age group in Golden Point is 20-29 years. Households in Golden Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Point work in a professional occupation.In 2021, 59.30% of the homes in Golden Point were owner-occupied compared with 56.40% in 2016.

Golden Point has 1,428 properties. Over the last 5 years, Houses in Golden Point have seen a 18.24% increase in median value, while Units have seen a 21.68% increase. As at 31 July 2026:

  • The median value for Houses in Golden Point is $579,234 while the median value for Units is $444,200.
  • Houses have a median rent of $410 while Units have a median rent of $380.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Golden point on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in Golden point.

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Sunny Hurne
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Nitin Kumar
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Raine & Horne Land Victoria
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