OFF MARKET

4-6 Eastwood Street
Ballarat Central VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 670m2
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Last updated 11 Nov 2024
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Property Details for 4-6 Eastwood St, Ballarat Central

4-6 Eastwood St, Ballarat Central is a 0 bedroom, 0 bathroom House. The property has a land size of 670m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Land Size
670m2
Local Government
Ballarat
Lot/Plan
PC354040

Last Listing description (January 2024)

Looking to make your mark on the vibrant Ballarat CBD? Look no further! Presenting an absolutely superb commercial development opportunity at 4-6 Eastwood Street right in the heart of the bustling Central Business District. This prime corner location boasts proximity to key landmarks such as Coles supermarket, Ballarat Police station, and a convenient car parking, making it an unbeatable choice for your next project. This exciting development opportunity incorporates freehold title, comprehensive architectural plans, and all the necessary permits to commence building today! This is your chance to dive into a turnkey development that promises immense potential for growth, profitability with a diverse development consisting of commercial office space and luxurious inner city penthouse apartment living!

With an already approved planning permit, you're all set to bring to life a true architectural marvel. The ground floor offers a grand foyer and two spacious offices, along with garages designed for the penthouse apartments, modern toilets, and convenient kitchenette facilities.

Step into the first floor, where you'll find two more offices, accessible toilets, and a well-equipped kitchenette - the ideal office space for your business. Continuing upwards, the second floor mirrors the layout with two additional offices and similar toilet facilities. As you ascend to the third floor, prepare to be amazed by the absolute gem of this project - two luxurious penthouse apartments. These penthouse apartments are nothing short of spectacular. Crafted with meticulous attention to detail, each penthouse boasts open-plan living areas, a walk-in pantry, and balconies offering breathtaking views. With three spacious bedrooms, three well-appointed toilets, and a convenient laundry room, these penthouses are the epitome of modern luxury living right in the heart of our CBD and a extremely rare and unique opportunity to build your dream and reap the financial rewards today.

Don't miss out on this golden opportunity to shape Ballarat's skyline with a monumental 4-story build that's destined to become a landmark in itself. Act now to secure your place in the heart of Ballarat Central's bustling CBD. Contact us today to explore this remarkable commercial development opportunity that's ready to redefine the city's landscape forever.

For more information or to arrange a private onsite meeting, please contact us at Buxton Ballarat today. Your vision, our expertise - let's make it happen!

Property History for 4-6 Eastwood St, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$605,000
13 Aug 2021
Listed for Rent
12 Jul 2016
  • 17 Aug 2023
    Listed for Sale Not Disclosed
  • 13 Aug 2021
    Listed for Sale UNDER CONTRACT
  • 13 Aug 2021
    Sold for $605,000
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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 4,384 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 46 properties listed for sale, and 14 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 156 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.