120 Armstrong Street NBallarat Central VIC 3350
Property Details for 120 Armstrong St N, Ballarat Central
Last Listing description (April 2024)
RWC Ballarat are proud to offer this appealing central property to the market for sale. Located adjacent to the new Gov Hub facility, is this appealing property ready for your business. The property includes a 17 meter wide frontage showroom with fantastic window exposure. Internally there are separate offices with staff amenities and upstairs staff quarters and kitchen. At the rear, there is a large warehouse for storage. Sitting amongst other local and national successful businesses, this property will suit wide range of buyers from retail, office or even medical/allied health STCA.
- Total building area of 401m2*
- Very bright and light showroom area overlooking Armstrong Street
- Rear storage warehouse with roller door access
- Exceptional location in thriving heart of Ballarat CBD
- Adjacent to the newly constructed Gov Hub facility
- Short walk to the Ballarat Railway Station
- Potential 50% stamp duty savings
- Ballarat has a population forecast expected to increase by 19% to 142,624 by 2036**
For further information or a site inspection, contact our RWC agent Sam Borner.
*Approx
** forecast.id
Property History for 120 Armstrong St N, Ballarat Central, VIC 3350
- 18 Apr 2024Sold for $1,650,000
- 05 Mar 2024Listed for Sale $1,400,000 - $1,500,000 + GST
- 22 Feb 2019Sold for $975,000
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0About 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 4,394 properties. Over the last 5 years, Houses in Ballarat Central have seen a 26.37% increase in median value, while Units have seen a 38.26% increase. As at 31 July 2024:
- The median value for Houses in Ballarat Central is $648,219 while the median value for Units is $396,780.
- Houses have a median rent of $415 while Units have a median rent of $363.
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