4 Little Bridge StreetBallarat Central VIC 3350
Property Details for 4 Little Bridge St, Ballarat Central
Last Listing description (November 2023)
Gross Waddell ICR is delighted to bring to market 5 outstanding properties forming our Ballarat Retail Portfolio. All located in the heart of Ballarat's CBD the properties are offered on an individual basis via Mortgage Auction.
4 Little Bridge Street, Ballarat comprises a single level retail / commercial investment abutting Ballarat's Central Shopping Centre featuring both a Woolworths and Coles supermarket, offering the following:
Current Rental: $21,218*p.a. net
Commencement Date: 15 July 2021
Further Terms: Nil
Reviews: Annual 3% increases
Building Area: 100sqm*
Land Area: 101sqm*
Zoning: Commercial 1
For sale via Mortgagee Auction to be held on Wednesday 13th December from 11.30am at Mercure Hotel Ballarat 613 Main Road.
For further information or to organise a inspection please contact the team at Gross Waddell ICR directly.
*approx
Property History for 4 Little Bridge St, Ballarat Central, VIC 3350
- 19 Mar 2024Sold for $375,000
- 15 Nov 2023Listed for Sale Contact Agent
- 07 May 2021Listed for Rent $250 / year
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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 4,392 properties. Over the last 5 years, Houses in Ballarat Central have seen a 20.83% increase in median value, while Units have seen a 24.85% increase. As at 30 November 2024:
- The median value for Houses in Ballarat Central is $632,760 while the median value for Units is $384,041.
- Houses have a median rent of $410 while Units have a median rent of $360.
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