FOR SALE
$1,750,000 - $1,850,000

406 Drummond Street N
Ballarat Central VIC 3350

Bedrooms: 6
Bathrooms: 5
Car spaces: 5
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"Rare Investment Opportunity: Entire Unit Complex At 406 Drummond Street North, Ballarat Central"

Introducing an Exceptional Investment Opportunity in Ballarat Central: 406 Drummond Street North.
Discover the rare chance to own an entire unit complex nestled within the heart of Ballarat Central. This unique property offers a total of five apartments, comprising one spacious two-bedroom unit and four comfortable one-bedroom apartments, all situated on approximately 970m2 of land.
Strategically positioned in a serene complex along Drummond Street North, tranquility meets convenience with this prime location. Residents will enjoy proximity to essential amenities including hospitals, public transport options, and the vibrant CBD. A short stroll to picturesque Lake Wendouree will ensure a lifestyle of ease and accessibility.
Each apartment within the complex boasts its own distinctive features:
Single Bedroom with Built-In Robe: Offering cozy comfort and practical storage solutions.
Open Plan Lounge & Dining: Welcoming spaces designed for relaxation and entertaining, complete with gas heating for added warmth during the cooler months.
Functional Kitchen with Electric Cooking: Equipped for culinary adventures, the kitchen areas provide ample storage and preparation space.
Combined Bathroom & Laundry: Streamlined convenience meets functionality with a combined space featuring a vanity, shower, and laundry facilities.
Single Carport: Secure off-street parking for residents, ensuring peace of mind and convenience.
Well-Maintained External Grounds: Surrounded by meticulously kept grounds, the complex exudes charm and tranquility, providing residents with a peaceful retreat in the heart of the city.
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Property Details for 406 Drummond St N, Ballarat Central

406 Drummond St N, Ballarat Central is a 6 bedroom, 5 bathroom Unit with 5 parking spaces. The place is currently for sale with PRD Real Estate Ballarat.

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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 4,397 properties.

    There are currently 46 properties listed for sale, and 21 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Ballarat central.

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