Fronting one of Ballarat's busiest commercial intersections this expansive commercial property offers massive exposure making it ideal for either high end retail or restaurant/cafe uses together with first floor open plan office space. The gross building area of approximatley 770m2 over 2 levels includes a 10.52m frontage to Sturt Street and 36.50m frontage to Doveton Street South. The building has separate ground and first floor entrances allowing multiple tenancies or owner occupiers to use the office component and generate substantial income from the ground floor. The property is available with vacant possession or is also available for long term lease.
The size of Ballarat Central is approximately 3.8 square kilometres. It has 5 parks covering nearly 3.7% of 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 4,475 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:
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