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16
Duncan
Street
ballarat central
VIC,
3350
$695,000
Charming Victorian-Style Townhouse in Prime Lake Location - Invest Now, Enjoy Later!
Perfectly positioned in a quiet street just off Drummond Street and only approximately 500 metres from beautiful Lake Wendouree and popular Webster Street, this character-filled three-bedroom townhouse delivers comfort, convenience and timeless appeal.
Built in an elegant Victorian era style, the home blends classic charm with modern functionality. The well-designed floorplan includes a spacious master bedroom at the front of the home with two-way access to the central bathroom, plus two additional bedrooms, both fitted with built-in robes. The main bathroom is complemented by the convenience of a second toilet located in the laundry.
The light-filled open plan living area offers year-round comfort with ducted gas heating, a cosy gas log fire, and split system heating and cooling. The well-appointed timber kitchen provides generous bench space and ample storage, complete with a gas cooktop, electric under-bench oven, dishwasher, and corner pantry cupboard - ideal for everyday living and entertaining.
Outdoors, a private courtyard offers space to relax, while the detached double garage with rear lane access adds practicality and value in this sought-after location.
Currently returning $475 per week on a fixed lease until the 28th of October 2026. Market rent is appraised at $480 per week. Leased to excellent tenants, this property represents a fantastic investment opportunity with the option to move in and enjoy the lifestyle later.
Secure a quality home in a blue-chip setting close to the lake, walking tracks, schools and amenities - an opportunity not to be missed.
*Please note that the images used historical images from 2024, buyers are advised to make decisions based on their in-person inspection of the property*
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median House price
650000suburb growth
12.1%median House rent
430suburb rental yield
3.4%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.