



An exceptional opportunity to secure a substantial and tightly held Ballarat Central holding, combining nine individual income streams, strong underlying land value and exciting future potential. Prominently positioned on Sturt Street, this versatile property comprises seven two-bedroom residential units and two commercial spaces with direct Sturt Street frontage, creating a rare and diversified residential and commercial investment. Positioned moments from the heart of Ballarat's CBD, 20 Sturt Street is perfectly placed to benefit from the continued transformation of the precinct. The highly anticipated Bridge Mall redevelopment is breathing new life into Ballarat's retail core, with significant investment enhancing the streetscape, pedestrian environment and overall amenity. Adding further weight to the location story is the arrival of nationally recognised retail and hospitality brands in the immediate surrounds, reinforcing Ballarat Central's position as a vibrant and evolving commercial destination. For an investor, this is more than a central address — it is an opportunity to secure a substantial holding within a precinct undergoing meaningful revitalisation. Key investment highlights * 9 separate income streams * 7 x two-bedroom residential units * 2 x commercial premises with prominent Sturt Street frontage * Gross potential income of approximately $150,000 per annum * Considerable vendor investment undertaken to bring the residential units into compliance with new residential tenancy regulations * Prominent Ballarat Central position * Close proximity to the Bridge Mall redevelopment * Surrounded by an expanding mix of nationally recognised brands, retail, hospitality and services * Strong existing income profile with diversified tenancy exposure * Significant scope to add value * Potential for future redevelopment, STCA With significant investment already made to bring the residential component into compliance with current tenancy regulations, the property is well positioned for its next chapter. Whether continuing the existing income-producing model, adding further value or exploring future redevelopment potential, 20 Sturt Street offers the flexibility to shape the asset around your vision, STCA. A rare opportunity to secure a substantial holding in one of Ballarat Central’s most prominent and evolving locations.
Email enquiry to Jellis Craig - Ballarat
Property ID: 505216480
Original Property ID: 505216480