75 Lofven Street, Nerrina, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

75 Lofven Street
Nerrina VIC 3350

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 3296m2
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Property Details for 75 Lofven St, Nerrina

Building Type
Commercial
Land Size
3296m2
Local Government
Ballarat
Lot/Plan
1/PS327539

Last Listing description (February 2020)

Positioned on the Melbourne side of one of Victoria's' largest provincial cities on a large 3,293 square metre allotment. The Nerrina Tavern features a public bar, large open plan dining space, function room and large north facing beer garden. Currently leased at $800 per week with the leaseholder in the second year of a 2 x 5 lease. This is a great opportunity to secure this fantastic hospitality venue with huge potential with potential land development opportunity (STCA).

- Licensed to have 489 people on site
- Land area: 3,293 square metres

- Car Parking Spaces: 40
- Functional Commercial kitchen
- Public Bar
- Beer Garden
- Function Room
- Dining Room
- Licensed as Pub/tavern/restaurant/nightclub
- Plenty of additional land to develop (STCA)

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.

Property History for 75 Lofven St, Nerrina, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$620,000
04 Nov 2019
  • 04 Nov 2019
    Listed for Sale Price by Negotiation $650,000 - $700,000 plus GST
  • 04 Nov 2019
    Sold for $620,000
  • 08 Apr 2019
    Listed for Sale $650,000 - $700,000
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About Nerrina 3350

The size of Nerrina is approximately 6.7 square kilometres. It has 4 parks covering nearly 57.8% of total area. The population of Nerrina in 2016 was 962 people. By 2021 the population was 970 showing a population growth of 0.8% in the area during that time. The predominant age group in Nerrina is 50-59 years. Households in Nerrina are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nerrina work in a professional occupation.In 2021, 91.10% of the homes in Nerrina were owner-occupied compared with 90.00% in 2016.

Nerrina has 482 properties. Over the last 5 years, Houses in Nerrina have seen a 15.38% increase in median value. As at 31 December 2025:

  • The median value for Houses in Nerrina is $770,639 while the median value for Units is $522,931.
  • Houses have a median rent of $505.
There are currently 7 properties listed for sale, and no properties listed for rent in Nerrina on OnTheHouse. According to Cotality's data, 24 properties were sold in the past 12 months in Nerrina.

Suburb Insights for Nerrina 3350

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Cotality Copyright and Legal Disclaimers about Property Data
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.