48 Bridge Mall, Ballarat Central, VIC 3350 sold on 15 June 2026 | OnTheHouse
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Sold on 15 Jun 2026 - Price Unavailable

48 Bridge Mall
Ballarat Central VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 102m2
Land area: 102m2
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Property Details for 48 Bridge Mall, Ballarat Central

Building Type
Commercial
Floor Size
102m2
Land Size
102m2

Last Listing description (June 2026)

Ray White Commercial Ballarat is proud to present 48 Bridge Mall, Ballarat Central, an exceptional tenanted investment opportunity positioned in the heart of Ballarat's premier shopping precinct. This property offers a secure income stream with a high-quality cafe fit-out, situated directly within the path of the multi-million dollar Bridge Mall redevelopment.

The premises features a beautifully presented 102m² internal floorspace, masterfully designed for high-volume hospitality. With its prime frontage to the Mall and rear proximity to major anchors like Coles and Woolworths, this is a strategic asset for any commercial portfolio.

• Current Rental: $30,900** per annum + GST.

• Lease Term: Three year lease commencing 4th July 2024
• Annual Reviews: 3% annual increases and Market Review between terms.
• Further Options: Two (2) further terms of three (3) years each.
• Zoning: Commercial 1 Zone (C1Z), offering the highest level of retail and commercial flexibility.
• Prime Mall Position: Located directly on the Bridge Mall, benefiting from the massive foot traffic generated by the CBD's core shopping district.
• Hospitality Ready: The floorplan includes a spacious 13.4m x 3.8m cafe area, a professional 9.7m x 3.9m kitchen, and dedicated storage/office facilities.
• Modern Fit-out: Features a contemporary aesthetic with timber-look flooring, designer lighting, and integrated greenery.
• Strategic Neighbors: Surrounded by major national retailers and moments from heavy-hitting anchors including Coles, Woolworths, and major CBD parking hubs.
• Growth Corridor: Benefit from the ongoing revitalisation of the Bridge Mall, designed to enhance the precinct's status as a premier regional destination.

Whether you are a first-time commercial investor or looking to strengthen your existing portfolio, 48 Bridge Mall represents a "set and forget" asset in an unbeatable CBD location.

**Rent based at the date of 1/7/26

Property History for 48 Bridge Mall, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
15 Jun 2026
  • 15 Jun 2026
    Sold for $450,000
  • 30 Mar 2026
    Listed for Sale $440,000 - $460,000
  • 31 Jan 2002
    Sold for $357,500
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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 4,478 properties. Over the last 5 years, Houses in Ballarat Central have seen a 7.83% increase in median value, while Units have seen a 22.23% increase. As at 31 May 2026:

  • The median value for Houses in Ballarat Central is $749,292 while the median value for Units is $511,444.
  • Houses have a median rent of $440 while Units have a median rent of $400.
There are currently 31 properties listed for sale, and 10 properties listed for rent in Ballarat central on OnTheHouse. According to Cotality's data, 273 properties were sold in the past 12 months in Ballarat central.

Suburb Insights for Ballarat Central 3350

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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.