FOR SALE
$1,350,000 - $1,400,000

112a Armstrong St N
Ballarat Central VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 408m2
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Prime Central Freehold Investment

This remarkable property presents an incredible opportunity for those seeking a prime retail freehold investment in the heart of Ballarat. With an attractive price guide of $1,350,000 - $1,400,000, this property is sure to catch the attention of savvy investors and business owners alike.
Situated in a highly sought-after location, this retail space boasts a prominent position on Armstrong Street South, ensuring excellent visibility and exposure. The property is surrounded by a vibrant mix of shops, cafes, restaurants, and other commercial establishments, creating a bustling atmosphere that attracts a steady flow of foot traffic.
The property itself offers a generous amount of space, perfect for accommodating a wide range of retail businesses. The layout is versatile and can be easily customized to suit your specific needs, whether you're looking to open a boutique clothing store, a trendy cafe, or a thriving art gallery.
Inside, the property features modern finishes and ample natural light, creating a welcoming and inviting ambiance for both customers and employees, The open layout allows for seamless flow and easy navigation, ensuring a pleasant shopping experience for all visitors.
Investing in this property means joining a thriving community and becoming part of Ballarat's vibrant retail scene. The area is known for its strong local economy and steady population growth. making it an ideal location for businesses looking to thrive and expand.
Don't miss out on this incredible opportunity to secure a prime retail space in Ballarat Central. With its attractive price guide and unbeatable location, 112A Armstrong Street South is a must-see for anyone looking to make their mark in the retail industry. Contact us today to arrange a private inspection and take the first step towards realizing your business dreams!
Ballarat's Best-Selling Team

Property Details for 112a Armstrong St N, Ballarat Central

Building Type
Commercial
Floor Size
408m2

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About Ballarat Central 3350

The size of Ballarat Central is approximately 3.8 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Ballarat Central in 2011 was 5,464 people. By 2016 the population was 5,333 showing a population decline of 2.4% in the area during that time. The predominant age group in Ballarat Central is 20-29 years. Households in Ballarat Central are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat Central work in a professional occupation. In 2011, 56.8% of the homes in Ballarat Central were owner-occupied compared with 56.9% in 2016.

Ballarat Central has 4,390 properties. Over the last 5 years, Houses in Ballarat Central have seen a 24.05% increase in median value, while Units have seen a 41.94% increase. As at 31 August 2024:

  • The median value for Houses in Ballarat Central is $634,029 while the median value for Units is $398,952.
  • Houses have a median rent of $410 while Units have a median rent of $360.
There are currently 43 properties listed for sale, and 12 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Ballarat central.

Suburb Insights for Ballarat Central 3350

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Michael Edgar
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PRD Real Estate Ballarat
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.