415 Sturt Street, Ballarat Central, VIC 3350 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,225,000 + GST (If Applicable)

415 Sturt Street
Ballarat Central VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 330m2
Land area: 257m2
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High-Yield Triple Income Asset

If you are looking for a high-yielding commercial property, 415 Sturt Street represents a blue-chip opportunity on Ballarat's most iconic commercial street.
This beautifully preserved freehold asset delivers an immediate, diversified income stream by combining a flagship ground-floor retail shop with two independent residential apartments above and behind. Sitting on the high-foot-traffic side of the street, it offers investors the ultimate balance of reliable cash flow and long-term capital stability.
• Total Portfolio Yield: Returning a robust $79,780 per annum* across three distinct tenancies.
• Built-In Risk Spread: Split across 1 x Commercial Tenancy and 2 x Residential Tenancies, ensuring you are never reliant on a single tenant to cover your yield.
• Premium Commercial 1 Title (C1Z): Capitalize on the city's most flexible commercial zoning, allowing seamless future transitions into high-end retail, professional offices, or medical suites (STCA).
• Flagship Ground Retail: Features a wide, light-filled storefront window display, character archways and rich polished timber floorboards. It currently operates as a highly successful local boutique.
• Two Self-Contained Apartments: Modern, bright and low-maintenance residential spaces. They command consistent premium rental demand due to their central CBD location.
• Rear Access Dynamics: Invaluable rear laneway access leading into a private brick courtyard area with secure under-cover vehicle parking.
• Freehold assets on the sunny side of Sturt Street-offering immediate multi-stream returns-are fiercely held and rarely come to market.
This is a set-and-forget portfolio addition perfect for savvy private investors or self-managed super funds (SMSFs).
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Property Details for 415 Sturt St, Ballarat Central

Building Type
Commercial
Floor Size
330m2
Land Size
257m2
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About Ballarat Central 3350

The size of Ballarat Central is approximately 3.8 square kilometres. There are 5 parks, covering nearly 3.7% of the total area. The population of Ballarat Central in 2016 was 5328 people. By 2021 the population was 5378 showing a population growth of 0.9% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Ballarat Central work in a professional occupation.In 2021, 57.60% of the homes in Ballarat Central were owner-occupied compared with 56.90% in 2016.

Ballarat Central has 4,498 properties. Over the last 5 years, Houses in Ballarat Central have seen a 1.84% increase in median value, while Units have seen a 19.50% increase. As at 31 July 2026:

  • The median value for Houses in Ballarat Central is $730,935 while the median value for Units is $506,508.
  • Houses have a median rent of $450 while Units have a median rent of $405.
There are currently 41 properties listed for sale, and 11 properties listed for rent in Ballarat central on OnTheHouse. According to Cotality's data, 274 properties were sold in the past 12 months in Ballarat central.

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