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2 / 308 Forest Street
buninyong
VIC, 3357

$499,000 - $539,000

listing rooms 3
listing bathrooms 1
listing parking 2

A Buninyong Original: The Ultimate Residential-Commercial Hybrid

Rarely does a property of such scale, character, and versatility become available in the heart of Buninyong. 2/308 Forest Street is not just a home; it is a multi-faceted estate offering a unique 1980s conversion of a 1960s office and warehouse complex. Whether you are looking for a premier home-business headquarters, or a creative residential sanctuary, this property offers a footprint and potential that is simply unmatched in the local market.

The Main Residence: Mid-Century Character - The primary 3-bedroom residence (approx. 105sqm) beautifully blends mid-century structural integrity with unique architectural flair.

• Architectural Volume: Striking cathedral ceilings and sawtooth roof windows flood the home with natural light.
• A Secure History: Features a spacious walk-in pantry that served as a secure vault in its previous life.
• Modern Comfort: Recently upgraded with a brand-new heating/cooling system and a new hot water unit.

Large Warehouse Spade: To the rear sits an expansive 220sqm structure-a 50% double-brick, 50% tin facility that is a dream for entrepreneurs or those looking for a business base.
• Versatile Past, Limitless Future: Previously utilized as a counselling center and construction office, this space is perfect for professional suites, a creative studio or a high-end workshop.
• Secure Storage: Includes a remote panel lift door.

Infrastructure & Development Upside
• Dual Access: Rare double-street frontage with primary driveway access from Forest Street (2-3 parks) and secondary access via Eyre Street with parking for up to 6 additional vehicles.
• Subdivision Potential: Set on 729sqm, there is significant potential for subdivision (STCA), allowing a buyer to potentially sell off a portion of the site while retaining a primary asset.

Location: The Heart of the Village Positioned "smack in the middle" of a premium residential area, you are just a short stroll from Buninyong's famous cafes, botanical gardens, and local shops. You get the peace of a residential neighborhood with the infrastructure of a commercial site.

The Opportunity This is a property that adapts to your needs and has potential for the ultimate "work from home" estate.

Experience the scale and scope of this Buninyong landmark. Contact us today to arrange your private walkthrough.

Ballarat's Best-Selling Team

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About buninyong

median House price

710000

median House rent

450

suburb rental yield

3.3%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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