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204-206 Sturt Street, Ballarat Central$880,000

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204-206 Sturt Street

Ballarat Central, VIC 3350, Australia

$880,000

1 bed 1 bath170 m²

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About this property

Colliers Ballarat is delighted to offer For Sale this classic dual street frontage retail premises. The ground floor is fully leased with a combined rental of $40,000 per annum, with upstairs providing an exciting opportunity to further increase the income stream. Perfectly positioned across from Ballarat Town Hall, 204-206 Sturt Street is conveniently located close to cafes, restaurants and retail making it an ideal long term investment. Combined income of $40,000 per annum Potential income of $55,000* per annum Existing residential apartment - 2 bedrooms, separate access, great potential for upside Frontage of 9 metres to Sturt Street Flexible ground floor configuration 240m2* total building area Land area of 170m2* Zoned Commercial 1 For Sale: $880,000 For further information or to arrange and inspection, please contact our selling Agents: Lauchlan Waddell | 0407 520 725 Sam McKeegan | 0437 534 933 *Approximately.

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 1
Bathrooms: 1
Land Area: 170 m²
Listed: 3 months ago

Repayment calculator

$4,266/month

$2,133 /fortnight

Loan $704,000 at 6.10% over 30 years

Upfront costs

Deposit$176,000

Stamp duty$47,870

Conveyancing (est.)$2,000

Total upfront$225,870

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 Ballarat Central

This 1-bedroom apartment in Ballarat Central, VIC 3350 sits within reach of public transport, local shops local amenities. It is listed 25% above the $703,450 median of 71 comparable apartmentswithin 5 km.

What's nearby

Armstrong St/Sturt St (bus) — 32 m away
Allan Bros. Jewellers — 80 m away
Unnamed — 39 m away
Unnamed — 144 m away
Unnamed — 181 m away

Ballarat Central at a glance

Full suburb profile

Population: 5,378
Median age: 41
Household income: $1,454/wk
Median rent: $300/wk
Median mortgage: $1,600/mo

Source: ABS Census.

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