124-128 Lydiard Street NBallarat Central VIC 3350
Property Details for 124-128 Lydiard St N, Ballarat Central
Last Listing description (July 2026)
Colliers are delighted to offer for sale, 124-128 Lydiard Street North, Ballarat Central. The site of the New York Bakery, this property was constructed as a coffee palace and accommodation during Ballarat's gold rush, taking advantage of it's prominent place adjoining the Ballarat Train Station. With a rich history in Ballarat, dating back to the goldrush era of the 1800's, Reid's Coffee Palace has been a landmark of Ballarat's history and this is your opportunity to write it's next chapter.
Executive Summary:
- Building Area: 1,450m²* over 4 levels
- Land Area: 922m²*
- Features: 4 retail areas plus 60 separate rooms throughout, many with private ensuite
- Location: Adjoining Ballarat Train Station, in Ballarat's heritage boulevard
- Zoning: Commercial 1
- Opportunity: Offered for sale with vacant possession
For further information or to arrange an inspection please call Colliers agents Charles Kennedy on 0431 914 778 or Travis Keenan on 0412 120 943.
*Approximately
Property History for 124-128 Lydiard St N, Ballarat Central, VIC 3350
- 27 Jul 2026Listed for Sale Contact Agent
- 27 Jul 2026Sold
- 29 Jan 2025Listed for Sale Contact Agent
Recent sales nearby
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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 4,495 properties. Over the last 5 years, Houses in Ballarat Central have seen a 3.15% increase in median value, while Units have seen a 17.00% increase. As at 31 August 2026:
- The median value for Houses in Ballarat Central is $739,815 while the median value for Units is $510,645.
- Houses have a median rent of $450 while Units have a median rent of $400.
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