105 Lexton StreetLake Wendouree VIC 3350
Property Details for 105 Lexton St, Lake Wendouree
105 Lexton St, Lake Wendouree is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1223m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (November 2022)
105 Lexton St in the highly coveted location of Lake Wendouree is quite simply a unique opportunity indeed.
Sitting on approximately 1230m2 and currently leased on a commercial basis.
In use as a Supported Residential Care Facility (Browen Lee Home) accommodating 12 guests on an annual rental return of $42.820.00 makes this a compelling consideration for investors, SMSF managers and or developers (STCA)
The property itself is a grand 1930s style bungalow with return verandah to the front and comprises 5 bedrooms, kitchen, 2 bathrooms and living room and at the rear a further unit complex accommodating 7 guests.
The current tenant is keen to extend her lease beyond the existing agreement and as per commercial lease conditions is responsible for all outgoings.
This location is prime Ballarat real estate and offers sound capital growth potential.
Inspections are strictly by appointment and given the current covid situation all potential buyers must have a double vax certificate to enter the premises.
For more information please call. Don Hanlon PRD.
Property History for 105 Lexton St, Lake Wendouree, VIC 3350
- 16 Jun 2022Sold for $1,100,000
- 20 Dec 2021Listed for Sale $1,100,000
- 09 Jun 2017Transferred
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About Lake Wendouree 3350
The size of Lake Wendouree is approximately 4.6 square kilometres. There are 6 parks, covering nearly 65.7% of the total area. The population of Lake Wendouree in 2016 was 2882 people. By 2021 the population was 2878 showing a population decline of 0.1% in the area during that time. The predominant age group in Lake Wendouree is 60-69 years. Households in Lake Wendouree are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lake Wendouree work in a professional occupation.In 2021, 72.90% of the homes in Lake Wendouree were owner-occupied compared with 70.00% in 2016.
Lake Wendouree has 1,590 properties. Over the last 5 years, Houses in Lake Wendouree have seen a 9.45% increase in median value, while Units have seen a 16.14% increase. As at 31 May 2026:
- The median value for Houses in Lake Wendouree is $917,749 while the median value for Units is $547,761.
- Houses have a median rent of $475 while Units have a median rent of $415.
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