315 Pleasant Street S, Ballarat Central, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

315 Pleasant Street S
Ballarat Central VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1147m2
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Property Details for 315 Pleasant St S, Ballarat Central

Building Type
Land
Land Size
1147m2
Local Government
Ballarat
Lot/Plan
3~68/PP5030

Last Listing description (August 2026)

- High profile corner location (Pleasant & South Streets)
- Land area of 1150m²*
- Zoned Commercial 1 with flexible use for office, retail or medical

- 3 street frontages of combined 96 metres*
- Permit to build two storey Medical Complex of 832m²*
- Suits office, retail, medical or allied health uses with the ability to amend existing permit for variety of developments
- 28 on-site car parks
- Permit for 16 medical practitioners
- Thirty treatment/consulting rooms with potential to customize layout to suit
- High exposure to passing traffic, minutes to Ballarat CBD & Hospitals

For Sale: $1,450,000 + GST

The land is zoned Commercial 1 allowing both business and medical use. There is currently a permit approved to construct a medical facility offering 16 medical practitioner permits. It's current design is well suited to a wide range of allied health/medical uses with a flexible floor plan to accommodate a variety of specialties and practice sizes. Whether you need small or large treatment/consulting room spaces through to large rehabilitation rooms, this layout can be converted to suit your needs and preferences.

Alternatively you can amend the permit that can be used for a combination for various business options (STCA)^. For example, you could build for your own office requirement's with areas for additional office tenants or retail tenants. The building design is purposefully created to allow single or multiple tenancies.

The building design is purposefully created to allow single or multiple tenancies.

This new development is positioned on the bustling Pleasant Street corridor, meters from Sturt St, Ballarat CBD and close proximity to both Ballarat Base and St John of God Hospitals.

With convenient access to major transportation routes and ample onsite parking for both patients and staff, opportunities like this rarely become available in this location.

For further information, including Information Memorandum, please contact Colliers agent Charles Kennedy on 0431 914 778

*Approximately

Property History for 315 Pleasant St S, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$935,000
09 Apr 2018
  • 03 Nov 2024
    Listed for Sale $1,450,000 + GST
  • 30 Oct 2023
    Listed for Sale Expressions of Interest closing 30th of November
  • 09 Apr 2018
    Sold for $935,000
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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 4,500 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:

  • 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, 275 properties were sold in the past 12 months in Ballarat central.

Suburb Insights for Ballarat Central 3350

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.