28 Grandlee Drive, Wendouree, VIC 3355 | Property Value & History | OnTheHouse
 
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28 Grandlee Drive
Wendouree VIC 3355

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Land area: 6217m2
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Property Details for 28 Grandlee Dr, Wendouree

Building Type
Commercial
Land Size
6217m2
Local Government
Ballarat
Lot/Plan
39/PS500616

Last Listing description (November 2023)

Colliers Ballarat are pleased to present for sale 28 Grandlee Drive, Wendouree.

This exceptional industrial site combines an impressive income stream with tremendous development potential with ample land ready to be unlocked, making it an ideal choice for developers. With its prime location and size, this property presents an incredible opportunity for redevelopment or expansion. Capitalize on the increasing demand for industrial real estate in this tightly held pocket of Wendouree.

Strategically located in Wendouree, offering an array of advantages and opportunities for both the current tenants and future development potential of this site. Situated in this dynamic location are numerous well established national businesses such as, Mazda, Jayco, Kia, Maxi Trans and many more. This industrial site presents a strategic advantage that sets it apart from the rest.

- Total land area of 6,218sqm* and total building area of 950sqm*
- Passing net income of approximately $101,272 per annum*
- Future development potential
- Income across 4 separate tenancies
- Ample surrounding hardstand
- Frontage of 60 metres*
- Located in the heart of the Wendouree Industrial Precinct
- Zoned Industrial 1

For sale: $2,500,000 + GST

For further information, please contact Colliers agents Lauchlan Waddell 0407 520 725 or Travis Hurst on 0423 388 932.

*Approximately.

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Property History for 28 Grandlee Dr, Wendouree, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$2,500,000
17 Nov 2023
  • 17 Nov 2023
    Sold for $2,500,000
  • 19 Sep 2023
    Listed for Sale SOLD - Price Withheld
  • 28 Jan 2023
    Transferred
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About 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 6,651 properties. Over the last 5 years, Houses in Wendouree have seen a 37.64% increase in median value, while Units have seen a 58.20% increase. As at 31 December 2025:

  • The median value for Houses in Wendouree is $505,857 while the median value for Units is $400,306.
  • Houses have a median rent of $395 while Units have a median rent of $310.
There are currently 21 properties listed for sale, and 20 properties listed for rent in Wendouree on OnTheHouse. According to Cotality's data, 375 properties were sold in the past 12 months in Wendouree.

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