206A Sturt StreetBallarat Central VIC 3350
Property Details for 206a Sturt St, Ballarat Central
Last Listing description (August 2026)
RWC Ballarat is excited to offer 204, 206 & 206a Sturt Street, Ballarat Central. Occupying a commanding position on Ballarat's premier boulevard, this versatile freehold property offers a rare "live and work" setup or a smart, multi-income investment.
Sitting on approx. 170m* of land, the building features a 200m* internal layout complemented by a private 39m* rear courtyard and patio. The property is cleverly split into three tenancies, giving you the flexibility to occupy the lot, lease them out individually or split your business operations.
204 Sturt Street (Retail Showroom): Vacant 67m2* retail property ready for occupation. Features premium street frontage, high ceilings, clear-span floor area, reverse-cycle A/C, a rear kitchenette and a character exposed-brick feature wall. Expected Rent and currently for lease: $25,000* pa + Outgoings.
206 Sturt Street (Ground Floor Office): Currently tenanted, providing immediate cash flow. This private, functional office shares access to the ground-floor amenities and rear courtyard. Current Lease: Until 31 January 2027 (with a further 3-year option). Current Rent: $16,800 pa + Outgoings.
206a Sturt Street (Upstairs 2-Bed Apartment): Vacant with separate, secure entry. This character-filled first-floor residence has recently been refurbished with a new kitchen, bathroom, carpets and painting. Expected Rent: $400 per week*
Key Investment Features:
Potential annual income of $62,600*
Unbeatable Exposure: Positioned directly on Ballarat's iconic main strip, surrounded by high-traffic retail, hospitality and professional services.
Three Income Streams, One Title: Spread your risk across retail, commercial office and residential tenancies under a single freehold title.
Whether you want to run your business on Ballarat's best commercial strip while leasing upstairs, or you're an investor looking for a blue-chip asset with diversified income, this property delivers on every front.
For Sale: $850,000 + GST If Applicable
For Lease: 204 Sturt Street - $25,000pa + GST if applicable and Outgoings
*Approx
Property History for 206a Sturt St, Ballarat Central, VIC 3350
- 13 Aug 2026Sold
- 10 Aug 2026Listed for Sale For Sale/For Lease
- 15 Mar 2023Listed for Rent $600 / year
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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 4,497 properties. Over the last 5 years, Houses in Ballarat Central have seen a -1.48% decrease in median value, while Units have seen a 12.15% increase. As at 30 September 2026:
- The median value for Houses in Ballarat Central is $722,940 while the median value for Units is $509,096.
- Houses have a median rent of $450 while Units have a median rent of $400.
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