This large 2,790m2 residential zoned site offers a range of exciting development options. The property currently comprises a medical centre with consulting rooms plus reception and waiting area plus amenities. This property has potential to further expand the existing centre or retain for short term income whilst planning for total redevelopment of the entire site. The remaining 2 properties include a 2 bedroom home leased at $220pw and a 3 bedroom home leased at $240pw ideal to further supplement income in the short term. The land has frontage of 32.31m to Howitt Street with a second frontage of 21.34m to Symons Street. This allows convenient site dual access for a range of development options (STCA). Located within close proximity to Ballarat Grammar, Howitt Street Shopping strip, Wendouree Performing Arts Centre, Lake Wendouree and a range of commercial and allied health operators this is a truly unique land offering.
The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2016 was 10445 people. By 2021 the population was 10376 showing a population decline of 0.7% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation.In 2021, 53.40% of the homes in Wendouree were owner-occupied compared with 56.60% in 2016.
Wendouree has 6,658 properties. Over the last 5 years, Houses in Wendouree have seen a 30.67% increase in median value, while Units have seen a 38.20% increase. As at 30 April 2026:
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