6 Grenville Street SBallarat Central VIC 3350
Property Details for 6 Grenville St S, Ballarat Central
Last Listing description (January 2019)
An outstanding ground floor retail opportunity situated in the heart of Ballarat, known as Victoria's third largest city and home to substantial tourism and hospitality.
This iconic 1850s investment is securely leased to the award winning Beechworth Bakery on the corner of Grenville and Lewis streets on a 5 + 5 Year term.
The former Water Board building has undergone a major transformation as part of the initial opening, which has included some demolition, renovation, painting, seating, installation of new counters and shop fittings, kitchen work and internal and external signage.
- Ground Floor Retail Space
- Iconic Beechworth Bakery Tenant since 2006
- Building Area: 482sqm approx
- Land Area: 1,792sqm approx
- Net Rental: $157,125 Per Annum + GST
- Lease Term: 5 + 5 Commencing 2016
- Ample On-Site Car Parking: 17 Spaces on Title
- Prime Exposure to Grenville Street and Lewis Street
- Central to the Ballarat CBD Retail Precinct
- Front and Rear Access to the Premises
- Beechworth Bakery is NOT FOR SALE
For further information please contact Hudson Bond Commercial on 9840 7700.
Property History for 6 Grenville St S, Ballarat Central, VIC 3350
- 06 Jun 2024Sold for $2,400,000
- 24 Oct 2018Sold for $2,390,000
- 13 Aug 2018Listed for Sale SOLD
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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 4,392 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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