152-166 Ballarat RoadHamilton VIC 3300
Property Details for 152-166 Ballarat Rd, Hamilton
Last Listing description (November 2018)
This well-established motel has consistent repeat business from corporate and trade markets, as well as tapping into the lucrative tourist trade that continually floods the region.
The motel for sale comprises of 26 large spacious rooms with all the modern conveniences, a 2 bedroom manager's residence and a very well patronised restaurant completes this outstanding complex.
The Bandicoot has an excellent 25 year lease available with below market rent.
Property History for 152-166 Ballarat Rd, Hamilton, VIC 3300
- 02 Sep 2025Sold for $1,960,000
- 21 Aug 2018Listed for Sale Leasehold $620,000
- 14 Aug 2018Sold for $760,000
Recent sales nearby
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0About Hamilton 3300
The size of Hamilton is approximately 199.5 square kilometres. It has 28 parks covering nearly 3.2% of total area. The population of Hamilton in 2016 was 9974 people. By 2021 the population was 10346 showing a population growth of 3.7% in the area during that time. The predominant age group in Hamilton is 60-69 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation.In 2021, 73.10% of the homes in Hamilton were owner-occupied compared with 71.30% in 2016.
Hamilton has 6,415 properties. Over the last 5 years, Houses in Hamilton have seen a 56.60% increase in median value, while Units have seen a 7.40% increase. As at 31 December 2025:
- The median value for Houses in Hamilton is $418,681 while the median value for Units is $259,907.
- Houses have a median rent of $390 while Units have a median rent of $353.
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