One of Sturt Street's most recognisable historic buildings will be on the market in coming weeks. The former State Bank building on the corner of Camp Street, which has sat idle for many years, will be auctioned on June 18.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
With its distinctive bluestone base sloping down the main street, the building also served as government offices in the past.
Described by the National Trust as a "handsome two-storey building of 1872 by Reed and Barnes in rendered brickwork with balustraded parapet and balconettes, arched windows, pilasters and corner entrance with balustraded steps," the building was listed in 1975 and its exterior will be subject to heritage protection.
The building has been declared surplus to needs by the Department of Treasury and Finance, and is one of several properties in the Ballarat region being disposed of, including the former Hepburn police station and the Windemere Primary School.
While the imposing facade retains its 19th Century glamour, the building's interior was extensively remodelled and extended in 1978, with concrete extensions and a glass roof. It was refurbished again in 1999.
Selling agent Andrew Lewis of Colliers international says it's one of the most beautiful buildings he's seen.
"This property has been incredibly well-maintained," Mr Lewis said.
"The building has been developed as far as it could be, but it would be ideal for a hospitality venue, or for retail or offices. It would definitely suit an owner-occupier, as opposed to a developer."
Colliers International is expecting 48 Sturt Street to sell for around $2 million.
If you are seeing this message you are a loyal digital subscriber to The Courier, as we made this story available only to subscribers. Thank you very much for your support and allowing us to continue telling Ballarat's story. We appreciate your support of journalism in our great city.