2/1103 Howitt StreetWendouree VIC 3355
Property Details for 2/1103 Howitt St, Wendouree
Last Listing description (February 2018)
Here is a great opportunity for the astute investor or creative entrepreneur to purchase these dual commercial premises in the rapidly developing medical/retail precinct just five minutes from the CBD of Ballarat.
Total land area of 949m2 (approximately)
2 separately titled properties
Good lighting and front of shop exposure
Front of premises parking for 14 cars + street parking
Strategically located within a mix of quality medical and retail businesses
SHOP 2:
Building area 314m2 and land area 359m2 (approximately)
5 year lease commencing 1st June 2015 with a further 5 year option
Current rent $50,415pa + GST & Outgoings
Leased to well respected local retail business
Shop comprises retail area and staff amenities
Central heating/ Air conditioning throughout
Annual CPI increases, market review date 01/06/2020
SHOP 1:
Building area 498.87m2 and land area 590m2 (approximately)
Central heating/air conditioning throughout
Estimated net rental return of $65,000 per annum
Comprises large open adaptable space, offices, staff amenities
Well suited and easily adapted for a number of uses including professional services, medical or retail (STCA)
Property History for 2/1103 Howitt St, Wendouree, VIC 3355
- 28 Aug 2019Listed for Sale Not Disclosed
- 14 Apr 2016Listed for Sale $1,475,000 + GST If Applicable
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0About Wendouree 3355
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 6,661 properties. Over the last 5 years, Houses in Wendouree have seen a 33.60% increase in median value, while Units have seen a 35.97% increase. As at 31 March 2026:
- The median value for Houses in Wendouree is $531,317 while the median value for Units is $407,885.
- Houses have a median rent of $400 while Units have a median rent of $310.
Suburb Insights for Wendouree 3355
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