31A/31B High Street, Lancefield, VIC 3435 | Property Value & History | OnTheHouse
OFF MARKET

31A/31B High Street
Lancefield VIC 3435

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 810m2
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Property Details for 31a/31b High St, Lancefield

Building Type
Commercial
Land Size
810m2
Local Government
Macedon Ranges

Last Listing description (June 2024)

Enjoying a highly sought-after location within the village centre of Lancefield, this double fronted terrace has been consciously updated and extensively renovated by Lachlan Fleming Constructions, to offer a modern, yet sympathetic sophistication. Currently operational as two separate store fronts, the building offers an abundance of opportunity for the keen investor, with permits approved for additional usage of the generous 810sqm (approx.) allotment.

Spanning proudly across the width of the building, a deep veranda offers a welcoming entrance and sets the tone for a refined character throughout. Ornate open fireplaces, high ceilings and exposed brickwork grace the interior of this weatherboard building, offering charming characteristics for modern business or living.

Stepping inside, the immediate left-hand side of the building is currently occupied by the well-established, Instyle Hair Studio. Offering a large treatment space and a fully operational central bathroom and kitchenette, the studio relishes in the high exposure the location provides. Offering separate store front and rear access, with off street parking tucked away behind the building, this is the perfect space for high traffic trading.

The right-hand side of the building is composed of a series of office spaces, ideal for professional rooms and suites. Primarily occupied by a local conveyancing firm, the building offers four spaces in total, complemented by a large waiting room, breeze through kitchenette and a bathroom. Also providing separate front and rear secure access, this is an abundant space for the business provider.

Accessible via a side laneway, the vast majority of the allotment offers a blank canvas for additional development or off-street parking. A large tin shed sits at the side of the land, currently operational as a storage space, yet offering plans for construction into a shared commercial precinct. The imagination runs wild with the potential of this rarely offered opportunity. Plans for the Architect designed space are available on request.

Accommodating for a variety of different lifestyle and business endeavours, and within premium locality to Lancefield Hotel and popular Lost Watering Hole Brewery, this property offers an unparalleled opportunity to become part of the Lancefield Village streetscape. Harness the high exposure provided by the prime Macedon Ranges growth corridor to create something truly special and reflective of the sensational surrounding Macedon Ranges.

Lancefield is situated within the heart of the Macedon Ranges, surrounded by a fine supply of local Wineries and Eateries, walking and cycling paths, weekend farmers markets and pristine natural landscapes as far as the eye can see.

Located in the stunning Macedon Ranges, Lancefield is just 70km north of Melbourne's CBD, 40 minutes drive to Melbourne Airport and 20 minutes away from Clarkefield, Kilmore or Riddells Creek Railway Stations.

For further details please do not hesitate to contact Debra Watchman on 0409 828 490 or Helen Milner 0428 869 002 at Ray White Romsey.

31a (left-hand side) is currently in lease until 15/02/2025 and 31b (right-hand side) is currently in lease until 15/07/2023.

Property History for 31a/31b High St, Lancefield, VIC 3435

A timeline of how this property has performed in the market
  • 11 Apr 2023
    Listed for Sale $1,150,000 - $1,250,000
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About Lancefield 3435

The size of Lancefield is approximately 126.2 square kilometres. It has 3 parks covering nearly 13.5% of total area. The population of Lancefield in 2016 was 2455 people. By 2021 the population was 2743 showing a population growth of 11.7% in the area during that time. The predominant age group in Lancefield is 60-69 years. Households in Lancefield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lancefield work in a professional occupation.In 2021, 86.60% of the homes in Lancefield were owner-occupied compared with 83.20% in 2016.

Lancefield has 1,519 properties. Over the last 5 years, Houses in Lancefield have seen a 32.96% increase in median value, while Units have seen a 38.58% increase. As at 31 December 2025:

  • The median value for Houses in Lancefield is $797,011 while the median value for Units is $611,849.
  • Houses have a median rent of $575.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Lancefield on OnTheHouse. According to Cotality's data, 62 properties were sold in the past 12 months in Lancefield.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.