FOR SALE
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202 Dawson St N
Ballarat Central VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 672m2
Land area: 511m2
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Central Investment with Future Potential

RWC Ballarat are excited to offer this stunning property to the market. Situated in a desirable location of Ballarat, this three level building is leased on a three year lease as an accommodation facility. This property lends itself as a great investment with yearly rent increases and landlord favourable terms. The astute buyer will see the future potential with this site as they will have the option to further develop the property STCA to enhance what the property has to offer.
- Three year lease commencing 1st May 2023
- Two further terms of three years
- Current rent amount $103,500pa*
- 3.5% annual increases and MR at renewal
- Tenant pays for all usual outgoings
- Significant accommodation property with 23 guest rooms
- Future proof investment with potential University Accommodation STCA
- Situated over 3 levels with beautiful views from the balcony
- Land area of approx. 511m2* with 5 off street car parks
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Property Details for 202 Dawson St N, Ballarat Central

Building Type
Commercial
Floor Size
672m2
Land Size
511m2

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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 4,381 properties. Over the last 5 years, Houses in Ballarat Central have seen a 20.22% increase in median value, while Units have seen a 45.78% increase. As at 30 September 2024:

  • The median value for Houses in Ballarat Central is $626,636 while the median value for Units is $409,428.
  • Houses have a median rent of $410 while Units have a median rent of $365.
There are currently 46 properties listed for sale, and 14 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Ballarat central.

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Sam Borner
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