Auction
415 Sturt Street,
Ballarat Central 3350, Victoria
Property details
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Agents
High-Yield Triple Income Asset
This beautifully preserved freehold asset delivers an immediate, diversified income stream by combining a flagship ground-floor retail shop with two independent residential apartments above and behind. Sitting on the high-foot-traffic side of the street, it offers investors the ultimate balance of reliable cash flow and long-term capital stability.
• Total Portfolio Yield: Returning a robust $79,780 per annum* across three distinct tenancies.
• Built-In Risk Spread: Split across 1 x Commercial Tenancy and 2 x Residential Tenancies, ensuring you are never reliant on a single tenant to cover your yield.
• Premium Commercial 1 Title (C1Z): Capitalize on the city's most flexible commercial zoning, allowing seamless future transitions into high-end retail, professional offices, or medical suites (STCA).
• Flagship Ground Retail: Features a wide, light-filled storefront window display, character archways and rich polished timber floorboards. It currently operates as a highly successful local boutique.
• Two Self-Contained Apartments: Modern, bright and low-maintenance residential spaces. They command consistent premium rental demand due to their central CBD location.
• Rear Access Dynamics: Invaluable rear laneway access leading into a private brick courtyard area with secure under-cover vehicle parking.
• Freehold assets on the sunny side of Sturt Street-offering immediate multi-stream returns-are fiercely held and rarely come to market.
This is a set-and-forget portfolio addition perfect for savvy private investors or self-managed super funds (SMSFs).
*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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Contact Sam Borner
Contact Sam Borner
Sam Borner
415 Sturt Street, Ballarat Central VIC 3350
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Sam Borner
415 Sturt Street, Ballarat Central VIC 3350