PRD Ballarat Level 1, 51 Lydiard Street South Ballarat, VIC, 3350 03 5331 1111
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301 High Street
learmonth
VIC, 3352

SOLD
listing rooms 17
listing bathrooms 14
listing parking 9
Land: 6116 sqm

Opportunities Are Endless Here!

Views of the lake, lush grounds & enough room for absolutely anything!
Sitting on a large 6,116m2 allotment & previously operating as a successful motel, this property currently known as Landora Care Learmonth is ready for a new beginning.

Constructed of brick & offering seventeen bedrooms, fourteen bathrooms, nine garages & four living rooms, this property efficiently & sustainably operated with 150 solar panels with battery back up, is perfect to run a business while living on the premises to watch over its future operation.

There is a private residence upstairs which is centrally heated with four bedrooms, two bathrooms & a massive viewing deck which indulges distant views across the lake, along with country views across the rolling plains. There is some pre existing furniture within the residence to make the transition as seamless as possible, while certain rooms downstairs also have additional furniture which belongs in the chattel inclusions of the sale.

There is a commercial kitchen which offers multiple ovens including commercial oven & cooktop as well as two white good appliances, while the private residence's kitchen offers white good appliances, gas cooktop & electric oven.

There is a two car garage attached to the original building plus a four car brand new colorbond shed at the back of the residence with water tank connected. There is ample room to park in front of each dedicated room, along with multiple sheds for storage, many garden features (including BBQ area), with enough room to add further buildings (STCA) or just enhance the gardens already created.

Owned by the current owners for approx 27 years, this freehold will be sold with vacant possession, to ensure the new owners can start afresh as soon as possible.

Situated just minutes from the Learmonth general store, football grounds & the popular Learmonth Caravan Park, with a short 20 minute commute either along the Western Freeway or via Remembrance Drive to the Lucas shopping complex or central Ballarat.

For further details & an exclusive tour, please contact our agent today.

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About learmonth

median house price

430000

median house rent

650

suburb rental yield

7.9%

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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