261 Joseph Street
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About this property
Milk bar Business + 2-Bedroom Residence on Huge Corner Block. Unlock the potential of this exceptional corner property featuring an established milk bar business and comfortable 2-bedroom residence. Perfect for investors, developers, or owner-occupiers looking for a unique opportunity in Ballarat East. What's Included: - Operating milk bar business - established customer base and income potential - 2-bedroom residence - comfortable living quarters or rental opportunity - Huge corner block - maximizing development potential and street frontage - Prime corner position - excellent exposure and accessibility - Multiple income streams - business + residential rental potential Development Potential: - Renovate existing structures to maximize returns - Remove and develop - explore subdivision or multi-unit development options - Subject to council approval - endless possibilities for the savvy investor This rare offering presents multiple opportunities in one package - continue the successful business, live on-site, or explore exciting development options on this substantial corner allotment. Don't miss this unique investment opportunity in growing Ballarat East! Contact Michael Edgar on 0407 332 040 or Penny Shields on 0418 545 794 for more information and to arrange an inspection. Ballarat's Best-Selling Team
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Listed
- 2 months ago
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Neighbourhood
Living in Canadian
This 2-bedroom house in Canadian, VIC 3350 sits within reach of public transport, local shops local amenities. It is listed 12% below the $510,000 median of 64 comparable houseswithin 5 km.
What's nearby
- Sovereign Hill/Main Rd (bus) — 782 m away
- Unnamed — 626 m away
- Unnamed — 198 m away
- Lake Esmond Botanical Gardens — 352 m away
- Unnamed — 394 m away
Canadian at a glance
Full suburb profile- Population
- 4,098
- Median age
- 37
- Household income
- $1,438/wk
- Median rent
- $300/wk
- Median mortgage
- $1,387/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Canadian price trend
Median sold · House 2 bed
Compound growth +2.8% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
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