FOR SALE
$1,175,000 - $1,225,000 + GST

214 Creswick Road
Ballarat Central VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 278m2
Land area: 1674m2
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High Profile Property with Huge Exposure

RWC are proud to offer this iconic property to the market. This generational property lends itself to a myriad of opportunities of redevelopment into Medical, Offices, Childcare Centre or Retail. Ideally located next to Bunnings, the exposure to this property is first class. These opportunities do not come around very often so make sure you take full advantage of your chance to but in a blue chip location.
- Block size of 1,674m2* allowing room for further development
- Internal floor area of 278m2*
- Two street frontages with side access
- Perfectly suited to Medical, Child Care or Office redevelopment
- Rear shedding
- Zoned Commercial 1
The time has come for the owner to pass the property down to the next owner. The Vendor is committed to selling so enquire today for further information

Property Details for 214 Creswick Rd, Ballarat Central

Building Type
Commercial
Floor Size
278m2
Land Size
1674m2

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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 4,392 properties. Over the last 5 years, Houses in Ballarat Central have seen a 20.83% increase in median value, while Units have seen a 24.85% increase. As at 30 November 2024:

  • The median value for Houses in Ballarat Central is $632,760 while the median value for Units is $384,041.
  • Houses have a median rent of $410 while Units have a median rent of $360.
There are currently 42 properties listed for sale, and 15 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Ballarat central.

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