9/1-3 Eastwood StreetBallarat Central VIC 3350
Property Details for 9/1-3 Eastwood 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.
9/1-3 Eastwood Street, Ballarat comprises a single level retail shop prominently positioned at entry to Ballarat Central Shopping Centre offering 2 supermarkets, speciality shops, cafes and restaurants and an abundance of public carparking, featuring the following:
Current Rental: $12,253*p.a. net
Commencement Date: 1 June 2021
Further Terms: 1 further terms of five (5) years
Reviews: Annual to CPI plus review to market on commencement of further term
Building Area: 62sqm*
Corner position with dual street frontage
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 an inspection please contact the team at Gross Waddell ICR directly.
Property History for 9/1-3 Eastwood St, Ballarat Central, VIC 3350
- 12 Apr 2024Sold for $315,000
- 15 Nov 2023Listed for Sale Contact Agent
- 19 May 2011Transferred
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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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