501 - 503
Sold for $350,000
An Opportunity To LIVE In One And WORK From Other
This unique property offers a variety of lucrative options to investors (currently leased till March 2018), developers and private purchasers. Within walking distance of Bridge Mall and just moments to the Ballarat train station and public transport routes, this location is a big draw card in itself.
This multifaceted property includes two separate dwellings, a corner store on the bend of Barkly St and Grant St and a three bedroom Victorian cottage, which faces Barkly.
Accommodation includes; a charming weatherboard home with pretty intricate fretwork and side entry door windows. A neat kitchen/diner provides gas cooking and ample cupboard space, whilst the light-filled lounge, provides original floorboards, gas central heating and open fire. Three bedrooms, one with built in robes are serviced by a light family bathroom plus further laundry facilities to the rear.
Access to the single roller door carport is via Grant street which is bordered by stone feature garden for very low external maintenance.
The corner shop or convenience store provides just that, the convenience to utilize for storage, use as a home office or dining room, operate your own business (STCA) or just return its history in some other manner.
This dwelling and shop front provide a neat and secure property yet offer an original path veranda to create excellent advertising exposure if required (STCA).
This is a perfect location for a home hairdresser, beautician or an office with views to every which way.
Live in one and lease the rest. Lease all or develop (STCA).
Enjoy the flexibility of this unique investment. Currently leased until March 2018.
Call our agent today for further details and inspection time.
About ballarat central
median house price720000
median house rent320
suburb rental yield2.3%
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.