The historic Walhalla bandstand, built in 1896, is to get some major repairs.
The State Government's disaster heritage grants program, introduced last year, has allocated $120,000 for conservation repair works to the bandstand as part of the first round of funding for heritage sites damaged by floods, storms and bushfires.
The application for the Walhalla bandstand was made by Parks Victoria.
Local business operator and former Baw Baw Shire councillor Michael Leaney said the last maintenance works on the structure was 17 years ago and the government grant was welcomed.
He said some issues with the building, including one of the legs, and a lack of drainage needed to be addressed.
Mr Leaney said there was no drainage at the bandstand although water from the area drained towards it and sat there in puddles.
The area also was inundated during flooding in 2022.
Minister for Planning Sonya Kilkenny said the grants program ensured heritage landmarks were better equipped to withstand future floods and disasters that came their way.
It also contributed to them remaining a source of pride, identity and connection for their communities by maintaining them as part of the state's rich history, the minister stated.
Sixteen sites across the state were recipients of grants in the programs first round.
Another heritage facility in Gippsland, the rail bridge at Nowa Nowa, was allocated $230,000 for vital repairs, Ms Kilkenny said.