303 Macarthur Street

The phone enquiry code for this property is - 2481 With a separate entrance already partially completed, this heritage home offers genuine Airbnb or multi generational living potential with only a small additional outlay. "Earn Up to $900 a Weekend Heritage Home in Prime Ballarat Location" * With a separate entrance already partially completed, this heritage home offers genuine Airbnb or multi generational living potential with only a small additional outlay all within easy walking distance of Ballarat's CBD, dining, health services, and visitor attractions. Set along a tree lined, well positioned street, this home enjoys exceptional connectivity to the Ballarat city. Behind its white picket fence and English box hedge garden, the home immediately charms. A welcoming porch with classic tessellated tiles leads you inside to a warm, character filled interior that has been lovingly cared for over eight years. Original skirting boards and door frames remain, complemented by a contemporary palette of blue grey, crisp white, and bold black. This is not a cosmetic flip it's a home with soul, authenticity, and intention. The rear of the property unlocks the true flexibility. A substantial outbuilding, already connected to NBN, mains water, and electricity, offers exceptional scope. Classified as a 10a garage, it requires no building permit, only a change of use (STCA) to progress toward a self contained one bedroom or studio1a dwelling. Ideal as a home office, guest accommodation, parents' retreat, teenage space, or separate entry Airbnb, the foundations for future value are already in place. Importantly, the existing front house, Airbnb offering is already proven. Current guest reviews are consistently 5 star, with visitors frequently praising the home's interior feel, warmth, and character a rare advantage for buyers seeking genuine short stay appeal rather than a generic setup. The current arrangement suits weekend hosting, making it ideal for those who work from home or on site during the week while still benefiting from short term income. Both front and rear gardens are designed for low maintenance living, featuring reticulation and established greenery that enhances the home's strong street presence. There is also off street parking, a genuine premium for a heritage home so close to the CBD, and further potential to extend the front dwelling with an additional bedroom and living area (STCA). This property is priced to sell, not because it lacks quality, but because it leaves room for the next owner to add value. With further works completed, comparable properties in this tightly held pocket suggest significantly higher future potential making this a compelling opportunity for owner occupiers, investors, or those seeking flexibility without compromise. A rare combination of heritage charm, income potential, walk everywhere convenience, and future upside this is a property that rewards vision and decisiveness. Private inspections available by appointment. If you're looking for a move in ready, home that works today and evolves with you tomorrow, this one deserves a closer look. *Income figures indicative only.