Prime Sturt Street Freehold: Live, Work or Invest

RWC Ballarat is excited to offer 204, 206 & 206a Sturt Street, Ballarat Central. Occupying a commanding position on Ballarat's premier boulevard, this versatile freehold property offers a rare "live and work" setup or a smart, multi-income investment.

Sitting on approx. 170m²* of land, the building features a 200m²* internal layout complemented by a private 39m²* rear courtyard and patio. The property is cleverly split into three tenancies, giving you the flexibility to occupy the lot, lease them out individually or split your business operations.

• 204 Sturt Street (Retail Showroom): Vacant 67m2* retail property ready for occupation. Features premium street frontage, high ceilings, clear-span floor area, reverse-cycle A/C, a rear kitchenette and a character exposed-brick feature wall. Expected Rent and currently for lease: $25,000* pa + Outgoings.

• 206 Sturt Street (Ground Floor Office): Currently tenanted, providing immediate cash flow. This private, functional office shares access to the ground-floor amenities and rear courtyard. Current Lease: Until 31 January 2027 (with a further 3-year option). Current Rent: $16,800 pa + Outgoings.

• 206a Sturt Street (Upstairs 2-Bed Apartment): Vacant with separate, secure entry. This character-filled first-floor residence has recently been refurbished with a new kitchen, bathroom, carpets and painting. Expected Rent: $400 per week*

Key Investment Features:
• Potential annual income of $62,600*
• Unbeatable Exposure: Positioned directly on Ballarat's iconic main strip, surrounded by high-traffic retail, hospitality and professional services.
• Three Income Streams, One Title: Spread your risk across retail, commercial office and residential tenancies under a single freehold title.

Whether you want to run your business on Ballarat's best commercial strip while leasing upstairs, or you're an investor looking for a blue-chip asset with diversified income, this property delivers on every front.

For Sale: $850,000 + GST If Applicable
For Lease: 204 Sturt Street - $25,000pa + GST if applicable and Outgoings

*Approx

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.

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