904 Howitt StreetWendouree VIC 3355
Property Details for 904 Howitt St, Wendouree
Last Listing description (February 2023)
Colliers Ballarat is delighted to offer to market 904 Howitt street, Wendouree for sale via expressions of interest closing Thursday 8th December at 4PM.
904 Howitt street represents a fantastic freehold opportunity to purchase a modern commercial property with a secure lease to Ballarat's only dedicated compound pharmacy. Commencing in October 2021, the current 5 year lease term is returning $48,687 per annum plus GST and all usual outgoings.
Perfectly placed on Howitt street, this fantastic opportunity is in close proximity to both the hospital precinct and Wendouree medical precinct. Ballarat's CBD, the iconic Lake Wendouree and Ballarat's MARS stadium, home to the 2026 Commonwealth Games are all within moments of 904 Howitt street making this an ideal location for now and into the future.
- Land area of 627sqm*
- NET income of $48,687 per annum
- Fixed 2.5% annual review
- High exposure site
- Positioned close to hospital and Wendouree medical precincts
- Impressive modern building with quality fit-out
For further information, please contact Colliers agents Lauchlan Waddell on 0407 520 725
or Charles Kennedy on 0431 914 778.
*Approximately
Property History for 904 Howitt St, Wendouree, VIC 3355
- 15 Dec 2022Sold for $870,000
- 31 Oct 2022Listed for Sale For sale via expressions of interest
- 20 Jan 2022Listed for Sale Not Disclosed
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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 6,660 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.
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