40 Victoria StreetMacedon VIC 3440
Property Details for 40 Victoria St, Macedon
Last Listing description (August 2020)
Inspection by Appointment- Contact Agent
Once in a while a property comes on the market that has everything, plus potential. This great property, set on a corner block with a charming garden, has ambience, style, great spaces plus a commercial kitchen, current lease, liquor licence and everything else you need for that perfect investment.The property is set on a high exposure corner allotment of approx. 900sqm. with approximately 260m of street frontage and a one bedroom studio space.
*5 year lease with a further three terms
*5% yield
Improvements include a well maintained, double story building;
*Welcoming bar
*Fully provisioned kitchen
*Liquor licence
*Large dining room
*Intimateprivate dining room
*Male & female bathrooms
*Large outdoor garden dining area with open fire and wood fire oven
*One-bedroom studio apartment
*Town services
*Front Deck
*Large rear courtyard and garden
*Peaceful side courtyard
*Unbeatable location
*45 minutes to Melbourne
*Solid investment opportunity
Set within the very popular Macedon Ranges and located in the commercial centre of Macedon; this is the gateway to the Macedon Ranges premier lifestyle and hospitality precinct.
The style, set-up and the ambience creates a golden opportunity for a fabulous business for an astute buyer lessee.
Price plus GST if applicable.
Information Memorandum available upon request.
Property History for 40 Victoria St, Macedon, VIC 3440
- 16 Oct 2019Listed for Sale $995,000 Plus GST (if applicable)
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About Macedon 3440
The size of Macedon is approximately 39.2 square kilometres. It has 9 parks covering nearly 6.3% of total area. The population of Macedon in 2016 was 2040 people. By 2021 the population was 2073 showing a population growth of 1.6% in the area during that time. The predominant age group in Macedon is 40-49 years. Households in Macedon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macedon work in a professional occupation.In 2021, 88.70% of the homes in Macedon were owner-occupied compared with 85.70% in 2016.
Macedon has 894 properties. Over the last 5 years, Houses in Macedon have seen a 37.21% increase in median value, while Units have seen a 20.03% increase. As at 31 October 2025:
- The median value for Houses in Macedon is $1,366,335 while the median value for Units is $890,643.
- Houses have a median rent of $595.
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