1010 Sturt StreetBallarat Central VIC 3350
Property Details for 1010 Sturt St, Ballarat Central
Last Listing description (November 2024)
Situated on the busiest street in Ballarat and within walking distance to the Ballarat Base Hospital is this brilliant medical centre. The first floor is vacant, allowing the purchaser the opportunity to run their business in the already established premises. Ground floor is currently leased to UFS. The property comes with a rear car park large enough for 14 cars*, situated on a 2nd title giving the buyer long term flexibility.
First Floor:
Seven separate consulting rooms with basin and air conditioning
Large waiting room large enough for approx. 40 patients
Reception area with desks and storage room
Large storage rooms and administration room
Staff amenities, disabled toilet
Fully equipped staff room with kitchen
Archives room with shelving
Permit for 6 Practitioners
First floor with lift access, large enough for a ambulance stretcher
Total floor area of approx. 385m2
Ground Floor:
Leased to UFS - one of Ballarats most successful Pharmacys
Current 5 year lease starting 1st October 2020
Current rent amount is $114,000* + GST
Tenant is responsible for all usual outgoings as per the lease agreement
Floor area is approx. 361m2
Annual CPI rent increases (capped at 3%)
Lease includes 3 car parks
Contact our RWC Ballarat agent Sam Borner for further information and to arrange a site inspection
*Approximately
Property History for 1010 Sturt St, Ballarat Central, VIC 3350
- 31 Jul 2024Listed for Sale $3,400,000 - $3,600,000 + GST if applicable
- 01 Apr 2024Listed for Rent $99,000 / year
- 16 Feb 2024Listed for Sale $3,400,000 - $3,600,000 + GST if applicable
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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 4,487 properties. Over the last 5 years, Houses in Ballarat Central have seen a 4.68% increase in median value, while Units have seen a 18.62% increase. As at 30 June 2026:
- The median value for Houses in Ballarat Central is $742,593 while the median value for Units is $504,664.
- Houses have a median rent of $450 while Units have a median rent of $400.
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