3A Grandlee Drive, Wendouree, VIC 3355 | Property Value & History | OnTheHouse
OFF MARKET

3A Grandlee Drive
Wendouree VIC 3355

Bedrooms: -
Bathrooms: -
Car spaces: 36
Floor area: 2615m2
Land area: 4000m2
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Property Details for 3a Grandlee Dr, Wendouree

Building Type
Commercial
Floor Size
2615m2
Land Size
4000m2
Local Government
Ballarat
Lot/Plan
2/PS533657

Last Listing description (April 2019)

Secure 10 year lease to 2027 plus 10 year option to 2037.
Annual rent reviews.
Lessee pays all usual outgoings as per the lease.

Peter Stevens Motorworld leading and proven auto dealership servicing Ballarat region and western Victoria since 1972.
As new clear span office/warehouse with 4 roller shutter doors totaling 2,525 sqm (10% office) utilised for vehicle pre delivery.
Large 4,000 sqm site zoned Industrial 1 with 40m frontage and exposure.
Important 41 car spaces on-title.
Taxation saving depreciation benefits available.
Ballarat: the capital of Western Victoria & one of Australia s fastest growing regional centres with projected 19% population growth by 2026.
Rent: $233,860 pa approx. Nov 2019 (assuming 2% CPI).
Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

Property History for 3a Grandlee Dr, Wendouree, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$2,365,000
24 Dec 2013
Listed for Rent
$5.75k/w
29 Sep 2025
  • 19 Dec 2024
    Listed for Sale $4,500,000 or $300,000 per annum
  • 19 Dec 2024
    Listed for Rent - Price not available
  • 16 Apr 2019
    Listed for Sale Not Disclosed
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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, 378 properties were sold in the past 12 months in Wendouree.

Suburb Insights for Wendouree 3355

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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.