Colliers Ballarat is delighted to offer For Sale this classic dual street frontage retail premises. The ground floor is fully leased with a combined rental of $40,000 per annum, with upstairs providing an exciting opportunity to further increase the income stream. Perfectly positioned across from Ballarat Town Hall, 204-206 Sturt Street is conveniently located close to cafes, restaurants and retail making it an ideal long term investment.
Combined income of $40,000 per annum
Potential income of $55,000* per annum
For Sale: $880,000
For further information or to arrange and inspection, please contact our selling Agents:
Lauchlan Waddell | 0407 520 725
Sam McKeegan | 0437 534 933
*Approximately
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 4,500 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:
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