Unrivalled CBD Development Opportunity: Commercial & Residential Potential
RWC Ballarat is proud to present a rare and exceptional opportunity to secure a large, versatile allotment in the absolute heart of Ballarat's thriving Central Business District. Offering a powerful combination of commercial flexibility and approved residential development, this site presents an unmissable prospect for developers, investors, or owner-occupiers (STCA).
This expansive property is perfectly positioned to capitalize on the high demand and vibrant activity of the CBD, with direct frontage to Davey Street and excellent accessibility.
Key Property Highlights:
• Expansive Allotment: A substantial land area of 743m² (approx.) provides immense scope for a significant development project or premium commercial headquarters. There is also the option to purchase next door which will provide a total land area of 995m2 (approx.)
• Dual Zoning Advantage: Benefits from sought-after Commercial 1 (C1Z) zoning, allowing for a vast range of business, retail, and office possibilities, complemented by approved residential use.
• Residential Permit Approved: Includes an existing permit for the construction of a residential dwelling, a 4 bed, 3 bathroom residential dwelling over 2 floors, offering immediate value and flexibility for a mixed-use project.
• Exceptional Access: Provides excellent connectivity with dual access, including frontage to Davey Street, plus convenient side and rear laneway access.
• Unbeatable Location: Enjoy a prime CBD position, surrounded by the city's finest shops, highly-rated cafes, and renowned restaurants. The property is also within easy walking distance of the Ballarat Train Station for seamless commuting.
This is a rare chance to control a significant, well-positioned development site in a high-demand, blue-chip location. Contact our agents today to arrange an inspection.
This expansive property is perfectly positioned to capitalize on the high demand and vibrant activity of the CBD, with direct frontage to Davey Street and excellent accessibility.
Key Property Highlights:
• Expansive Allotment: A substantial land area of 743m² (approx.) provides immense scope for a significant development project or premium commercial headquarters. There is also the option to purchase next door which will provide a total land area of 995m2 (approx.)
• Dual Zoning Advantage: Benefits from sought-after Commercial 1 (C1Z) zoning, allowing for a vast range of business, retail, and office possibilities, complemented by approved residential use.
• Residential Permit Approved: Includes an existing permit for the construction of a residential dwelling, a 4 bed, 3 bathroom residential dwelling over 2 floors, offering immediate value and flexibility for a mixed-use project.
• Exceptional Access: Provides excellent connectivity with dual access, including frontage to Davey Street, plus convenient side and rear laneway access.
• Unbeatable Location: Enjoy a prime CBD position, surrounded by the city's finest shops, highly-rated cafes, and renowned restaurants. The property is also within easy walking distance of the Ballarat Train Station for seamless commuting.
This is a rare chance to control a significant, well-positioned development site in a high-demand, blue-chip location. Contact our agents today to arrange an inspection.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.