125/125a-B Eureka St, Ballarat East is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 408m2 and floor size of 106m2.
Location alone has to make this one of the most valuable opportunities in Greater Ballarat!
Perfectly positioned within walking distance to CBD and on Melbourne side of town this listing has been used previously for a 'caf , fashion and office space and is zoned Residential with unspecified retail use'.
This magnificent double fronted Victorian building will be sold with Planning approval (PLP/2018/293) including the option for a further staged subdivision.
The size of Ballarat East is approximately 6 square kilometres. It has 15 parks covering nearly 21% of total area. The population of Ballarat East in 2011 was 5,308 people. By 2016 the population was 5,612 showing a population growth of 5.7% in the area during that time. The predominant age group in Ballarat East is 20-29 years. Households in Ballarat East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat East work in a professional occupation. In 2011, 60% of the homes in Ballarat East were owner-occupied compared with 56.7% in 2016.
Ballarat East has 3,635 properties. Over the last 5 years, Houses in Ballarat East have seen a 27.08% increase in median value, while Units have seen a 21.40% increase. As at 31 August 2024:
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