Ray White Ballarat are proud to offer this amazing landmark property to the market. Built in 1887, this is an exciting opportunity for the buyer to transform this outstanding building back into premium A-Grade commercial office space. Located opposite the Ballarat Railway Station and 'The Goods Shed' which has undergone an extensive redevelopment. The property is also situated within the Govhub precinct which is proving to be a very popular and attractive location for successful businesses. The classic elegance of its era is one of the main attractions for this building along with its prime Ballarat CBD position, this three level office building provides the opportunity to create a modern and flexible floorspace. Areas of the property include the following - Ground Floor 467.20sqm, First Floor 483.20sqm, Basement 400sqm, Total 950.40sqm (Excluding Basement) - Areas are approximate. Enquire today for your chance to inspect this fantastic property!
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:
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