334 Sturt StreetBallarat Central VIC 3350
Property Details for 334 Sturt St, Ballarat Central
Last Listing description (November 2022)
Amazing opportunity to secure Ballarat's best advertising exposure position.
Ripe for redevelopment as a retail or office space this gem has plenty of scope for several types of commercial uses. An opportunity like this in central Ballarat is extremely hard to find and not to be missed.
The property is offered for sale with vacant possession or for lease. Offering a wide scope of versatility, lending itself to a number of commercial applications. The site would suit retail, office space, restaurant or a combination of several business occupying the same building. A high traffic area, both on foot and by car, being set on one of Ballarat's most used traffic arterials through the centre of the city.
Ground Floor:
Offers an impressive show room, shop floor or Ballarat's newest trendy eatery. With floor to ceiling windows allowing great natural light to fill the internal space, and showcasing to the world the offerings of the business. Prominent Street access and rear staff entry. There is a separate store room or separate popup retail shop with potential for extra lease income.
First Floor:
Further to the versatility of this site, upstairs can be operated totally separately or would complement administration and operations for larger businesses that need a head office and show room downstairs. With 2 Separate light filled office spaces with potential for large board room or open plan office space. Toilet and washroom amenities are accessible by all.
LOCATION:
Located on one of Ballarat's busiest corners the property has prominent exposure. Zoned 1 Commercial it is ripe for redevelopment as a retail, office space, food business or any number of commercial applications. Don't miss this corner.
Property History for 334 Sturt St, Ballarat Central, VIC 3350
- 20 Nov 2019Listed for Rent $66,000 / year
- 08 Nov 2018Listed for Sale $1,200,000 - $1,300,000
- 29 Oct 2018Listed for Rent $285 / 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 4,472 properties. Over the last 5 years, Houses in Ballarat Central have seen a 9.45% increase in median value, while Units have seen a 18.33% increase. As at 30 April 2026:
- The median value for Houses in Ballarat Central is $731,447 while the median value for Units is $504,829.
- Houses have a median rent of $440 while Units have a median rent of $400.
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