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2/308 Forest Street, Buninyong$519,000
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For Salehouse

2/308 Forest Street

Buninyong, VIC 3357, Australia
$499,000 – $539,000
3 bed 1 bath 2 car729 m²

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About this property

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

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
729 m²
Listed
2 months ago

Repayment calculator

$2,516/month
$1,258 /fortnight
Loan $415,200 at 6.10% over 30 years

Upfront costs

Deposit$103,800
Stamp duty$26,210
Conveyancing (est.)$2,000
Total upfront$132,010
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Buninyong

This 3-bedroom house in Buninyong, VIC 3357 sits within reach of public transport, local shops and nearby schools. It is listed 19% below the $637,500 median of 72 comparable houseswithin 5 km.

Schools near Buninyong

  • Buninyong Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • De Soza Park/Warrenheip St (bus)133 m away
  • Foodworks129 m away
  • Buninyong Recreation Park208 m away
  • Unnamed304 m away
  • Unnamed384 m away

Buninyong at a glance

Full suburb profile
Population
3,797
Median age
45
Household income
$1,745/wk
Median rent
$305/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Buninyong price trend

Median sold · House 3 bed

Compound growth +1.4% / yr over 4 yrs

$703kcurrent median

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