16
Anderson Street West
ballarat central
VIC,
3350
$649,000 - $675,000
4
1
2
Land: 925 sqm
Central Opportunity on 925m² with Outstanding Future Potential
Positioned in one of Ballarat Central's most tightly held and convenient pockets, 16 Anderson Street West presents an increasingly rare opportunity to secure a substantial 925m² (approx.) landholding just moments from the heart of the city.
Currently occupied by excellent long-term tenants who are keen to remain, the property delivers immediate rental income while offering immense future upside for investors, developers or land-bankers alike.
The existing residence is a comfortable and well-maintained four-bedroom home, providing plenty of space for family living. A light-filled open-plan living zone connects seamlessly with the kitchen, creating a functional and welcoming environment. A central bathroom services the home, while the layout ensures flexibility for a variety of lifestyle or leasing arrangements.
What truly sets this property apart is its size and location. Set on a broad and deep allotment in a prime central position, the site offers outstanding potential for future redevelopment, subdivision or rezoning (STCA) - a compelling proposition given the ongoing demand for inner-city Ballarat housing and infill projects.
The rear yard provides a vast expanse of space, ideal for future planning or simply enjoying the benefits of a generous central landholding. Secure parking and storage are catered for with a double garage.
Enjoy the unbeatable convenience of Ballarat Central living, with schools, shops, cafés, transport and medical facilities all within easy reach, reinforcing the long-term appeal of both the location and the investment.
Key Highlights:
• Substantial 925m² (approx.) inner-city allotment
• Fantastic Ballarat Central location
• Recently installed refrigerated central heating / cooling
• Period four bedroom home with open-plan living
• Currently leased to great tenants keen to stay on
• Immediate income with long term development upside
• Strong potential for redevelopment or rezoning (STCA)
• Rare central land opportunity in a high growth area
Whether you are seeking a solid investment with holding income, a future development site, or a blue-chip central position with options, 16 Anderson Street West represents a standout opportunity not to be missed.
Ballarat's Best-Selling Team
Agents
Nearby Schools
About ballarat central
median House price
631250suburb growth
9.3%median House rent
420suburb rental yield
3.5%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
