FOR SALE
$90,000

411 Mair Street
Ballarat Central VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 27m2
Land area: 286m2
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The Foundry - Homewares, Clothing, Coffee - Long term owner retiring

A remarkable opportunity to purchase a well established business that has been run by the same owner for 18 years.
- prominent high exposure location
- iconic historic building in the heart of Ballarat CBD
- large floor space
- well set up for sit down and take away coffee
- well established wholesaler relationships and arrangements
- rear lane way access for around 3 cars
- ample on street car parking for customers
- solar power ensuring low overheads
For further inquiries contact Dominic Morrison direct on 0409 557 461.
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Property Details for 411 Mair St, Ballarat Central

Building Type
Commercial
Floor Size
27m2
Land Size
286m2

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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 4,393 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, 154 properties were sold in the past 12 months in Ballarat central.

Suburb Insights for Ballarat Central 3350

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Dominic Morrison
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John Stevenson
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Real Estate Group
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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.