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Investment Highlights

  • Prime CBD position with high foot and vehicle traffic plus strong brand visibility.
  • Inclusive of 23 titled on-site car spaces—extremely rare for Warragul’s core commercial zone.
  • Zoned Commercial 1 within Baw Baw Planning Scheme, allowing diverse use and redevelopment possibilities.
  • Dual frontage: heritage façade to Victoria Street and rear access via Club Lane.
  • Flexible layout suited to medical, retail, office, or hospitality applications (STCA).

Executive Summary

An irreplaceable opportunity to secure a signature commercial asset in Warragul’s thriving CBD, this landmark freehold property at 27 Victoria Street combines historic significance with immense future potential. Held by the same owner for over 26 years and originally built as the State Bank of Victoria, this prestigious building occupies a commanding position on Warragul’s prime retail and commercial strip and remains a highly recognisable local icon.
The property features an impressive 18-metre heritage façade, dual street frontages, and a flexible internal layout that can accommodate a wide range of uses. With a total site area of 1,368 m² and a building footprint of approximately 728 m² across multiple levels, the asset is complemented by on-site car parking for 23 vehicles accessed via Club Lane—an exceptional advantage for CBD positioning. Zoned Commercial 1, the property caters perfectly to medical, allied health, professional office, retail, or hospitality applications (STCA).
Currently partly occupied by a medical operator at the rear, the property will be sold with vacant possession, presenting buyers with a rare opportunity to reposition, refurbish, and capitalise on multiple income streams through split tenancies or comprehensive redevelopment. Located for maximum exposure and surrounded by major national retailers and key amenities, 27 Victoria Street sets the benchmark for generational investment or flagship business premises in one of Regional Victoria’s fastest-growing town centres.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
14,004 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,004 SF
Building FAR
0.95
Lot Size
0.34 AC
Parking
23 Spaces (1.64 Spaces per 1,000 SF Leased)
  • Listing ID: 40733905

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: 27 Victoria St, Warragul, VIC 3820

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