Bed 2 Bath 1 Carport 1
$335,000 - $365,000
CONTACT: Brooke Reynolds on 0407 292 506
INSPECT: By appointment
Opportunities like this rarely present themselves. On offer is this unique corner building presenting opportunities to the savvy investor, small business owner or home owner, as it's your chance to buy in the heart of Ballarat only three blocks off Sturt Street and the Ballarat Central Business District.
Originally a hotel then a milk bar, this property has been tastefully converted into two apartments with separate titles and both with strong rental histories.
Apartment 1 has sold, and apartment 2 is currently rented at $275 per week to an exceptional tenant.
There is a well thought-out, flowing floor plan and a secret cellar that could be rediscovered!
The beautiful lounge has high ceilings, polished floorboards and ornate features. Other items of interest include two good-sized bedrooms, galley kitchen, gas central heating, courtyard and off-street parking from Errard Street including a carport and additional drive-way space.
This is a set and forget investment with an approximate yield of 4.5 percent or a home owner wanting proximity to the CBD in a beautiful, tree-lined street.