54 Park RoadMaryborough VIC 3465
Property Details for 54 Park Rd, Maryborough
54 Park Rd, Maryborough is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 700m2 and floor size of 113m2.This Property is currently listed for sale with Real Estate Group
Last Listing description (March 2026)
Offered for private sale, this former corner milk bar with attached four-bedroom residence presents a major renovation or redevelopment opportunity on a prominent main road in central Maryborough.
The property has been vacant for many years and is offered with full transparency regarding the condition. Buyers must be realistic and prepared for extensive work; however, the residential zoning, scale and location provide a strong base for future value.
Positioned opposite the former District Hospital (no longer there ), hockey fields, and Lake Victoria, the site enjoys excellent exposure and is within walking distance to schools, sporting facilities, the new hospital and Maryborough town centre.
PROPERTY OVERVIEW
Residential zoning
Dwelling plus a former retail milk bar
Central Maryborough, main road position
Renovation, restoration or redevelopment potential (STCA)
Vacant and priced accordingly
EXISTING FEATURES
Four good-sized bedrooms
Original Baltic pine floorboards
High ceilings/ most likely Some Asbestos/ Generous rooms
Large kitchen, great storage with wood stove
Formal dining room
Original shopfront with shelving and original fridges
Multiple old sheds at the back
Bathroom internal with toilet bath and shower
Services available but not currently connected
Condition & Works Required -
The property requires significant renovation, including restumping, termite (white ant) repairs, roof and guttering attention, reinstatement of services and full internal works. Additional upgrades should be expected due to long-term vacancy.
The property has experienced unwanted occupation in parts (termites). Buyers are encouraged to complete thorough inspections and due diligence, noting that agents can only report on visible conditions.
* currently no appliances operating power water and gas available not currently connected
WHY THIS IS A STANDOUT PROPERTY
Residential zoning with future potential
Prominent main road exposure
Walkable to key town amenities
Character and scale are rarely offered
Ideal for renovators, builders or developers
This is a project property suited to buyers with vision, experience and realistic expectations.
Serious buyers only
Property History for 54 Park Rd, Maryborough, VIC 3465
- 20 Jan 2026Listed for Sale $385,000 - $415,000
- 24 Feb 2023Transferred
- 21 Feb 2023Transferred
Recent sales nearby
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0About Maryborough 3465
The size of Maryborough is approximately 48.0 square kilometres. It has 16 parks covering nearly 40.0% of total area. The population of Maryborough in 2016 was 7921 people. By 2021 the population was 8160 showing a population growth of 3.0% in the area during that time. The predominant age group in Maryborough is 70-79 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a labourer occupation.In 2021, 67.40% of the homes in Maryborough were owner-occupied compared with 66.60% in 2016.
Maryborough has 5,459 properties. Over the last 5 years, Houses in Maryborough have seen a 41.41% increase in median value, while Units have seen a 29.32% increase. As at 28 February 2026:
- The median value for Houses in Maryborough is $391,582 while the median value for Units is $331,140.
- Houses have a median rent of $390 while Units have a median rent of $320.
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