FOR SALE
$1,049,000 - $1,149,000

81 Humffray Street N
Ballarat East VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 650m2
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PRIME INVESTMENT, HISTORICAL ELEGANCE WITH VACANT POSSESSION AND STRONG INCOME STREAM POTENTIAL

YPA Real Estate is pleased to present a unique investment opportunity in Ballarat, Victoria. This property is available with vacant possession upon settlement, offering a fantastic opportunity for investors. With a proven strong income record and the current potential to return $75,000 per annum through the privately managed 8-bedroom accommodation and locally renowned pub, this is an exceptional find for those looking to expand their portfolio.
Originally constructed in 1862 and tastefully renovated in 2000 and 2014, this property seamlessly blends historic charm with modern amenities. Its rich history as a prominent hotel adds to its allure, while its location on Humffray St and Scott Parade offers stunning views over Ballarat.
Strategically situated near the train station, bus stop, and a vibrant dining scene, this property offers both convenience and profitability. Featuring a well-respected dining venue and 8 accommodation rooms, it provides a strong income stream for potential investors. Additionally, its proximity to Ballarat's renowned tourist attractions, including Sovereign Hill and Eureka Stockade, ensures a steady flow of visitors.
Key Features:
Land area of 604m2
Ample off-street parking
Just over 1 hour from Melbourne, Ballarat is Victoria's second-largest regional town
With a competitive price tag and a proven track record of strong returns, this property presents a compelling investment proposition. Don't miss out on the chance to secure a profitable asset in one of Victoria's most sought-after locations.
This property presents a rare opportunity to invest in a prime location with a strong income stream, while also offering the added benefit of vacant possession. With vacant possession, you have the flexibility to make the property your own, whether for personal use or future development. Its combination of historic charm, modern amenities, and a convenient location make it a highly appealing choice. Don't miss out-contact us today to arrange a viewing and take the first step toward securing this exceptional investment opportunity.
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Property Details for 81 Humffray St N, Ballarat East

Building Type
Commercial
Floor Size
650m2

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About Ballarat East 3350

The size of Ballarat East is approximately 6 square kilometres. It has 15 parks covering nearly 21% of total area. The population of Ballarat East in 2011 was 5,308 people. By 2016 the population was 5,612 showing a population growth of 5.7% in the area during that time. The predominant age group in Ballarat East is 20-29 years. Households in Ballarat East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat East work in a professional occupation. In 2011, 60% of the homes in Ballarat East were owner-occupied compared with 56.7% in 2016.

Ballarat East has 3,650 properties. Over the last 5 years, Houses in Ballarat East have seen a 26.97% increase in median value, while Units have seen a 18.22% increase. As at 30 November 2024:

  • The median value for Houses in Ballarat East is $471,151 while the median value for Units is $377,134.
  • Houses have a median rent of $400 while Units have a median rent of $370.
There are currently 46 properties listed for sale, and 8 properties listed for rent in Ballarat east on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in Ballarat east.

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