SOLD
RECENT ADVICE
Sold on 08 Nov 2024 - Price Unavailable

201-203 Sturt Street
Ballarat Central VIC 3350

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 134m2
Land area: 337m2
Sold By
Colliers International Ballarat, Geelong and Bendigo
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Property Details for 201-203 Sturt St, Ballarat Central

Building Type
Commercial
Year Built
2006
Floor Size
134m2
Land Size
337m2
Local Government
Ballarat
Lot/Plan
4A/PS415367

Last Listing description (November 2024)

Colliers are delighted to offer For Sale this outstanding corner investment that is sure to be the crowning jewel in any investment portfolio. Securely leased to Allan Bros Jewellers who have called this iconic location home since the 1967 and remain on a renewed 5 year term till November 2028. Situated on Ballarat's iconic heritage intersection of Sturt Street and Lydiard Street, the property is mere footsteps from Ballarat Town Hall, Heritage and Arts precinct and Ballarat's bustling food precinct. Now is your opportunity to secure this truly unique investment opportunity for your portfolio, contact exclusive selling agents to discuss further.

- NET rental of $51,350 per annum*
- 5 year term commencing November 2023

- One further term of five (5) Years
- Ornate corner building
- Long standing tenant since 1967
- Total building area of 247m*

For Sale: $895,000 + GST

For further information, please contact Colliers agents Lauchlan Waddell on 0407 520 725 or Charles Kennedy on 0431 914 778 and Colliers Asian Markets agent Yvonne Zhou on 0415 100 831.

*Approximately.

Property History for 201-203 Sturt St, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
08 Nov 2024
Listed for Rent
$250/w
18 Feb 2006
  • 08 Nov 2024
    Sold
  • 25 Oct 2024
    Listed for Sale $895,000 + GST
  • 02 Feb 2006
    Listed for Rent - Price not available

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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 4,381 properties. Over the last 5 years, Houses in Ballarat Central have seen a 20.44% increase in median value, while Units have seen a 24.38% increase. As at 31 October 2024:

  • The median value for Houses in Ballarat Central is $632,539 while the median value for Units is $381,926.
  • Houses have a median rent of $420 while Units have a median rent of $370.
There are currently 43 properties listed for sale, and 15 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Ballarat central.

Suburb Insights for Ballarat Central 3350

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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.