49 Lydiard Street South, BALLARAT CENTRAL VIC 3350
Price Upon Application
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- 18 Oct 2016
First Time Ever Offered For Sale
This HERITAGE-LISTED church Christ the King', The Diocesan Centre and the Anglican Deanery at 49 Lydiard Street South not only offers the location, amenities and infrastructure it also provides a genuine purchase procedure via Expression of Interest.
Approximately 3,151m2 and on 1 title we offer the above three CBD buildings, all with further opportunities to develop (STCA) and multiple car parking to the rear.
The Cathedral is constructed of grey stone in the English Gothic style which was built two years after the Town of Ballarat was founded and just three years after the discovery of gold.
The Church has high arched ceilings, stained glass windows and timber & carpeted floors, creating a significant canvas for a magnificent gallery, retail outlet, restaurant or professional offices.
The Deanery is already operating as an accommodation facility and could create an immediate income stream from this blue chip property and/or supersite. Opportunities exist here for short term accommodation ventures or an inner city residence.
The Diocesan Centre is also a significant build with stunning arched windows & doors and offers Lydiard street frontage and a host of CBD office space and amenities so dearly sought in today's market place.
Conveniently located opposite Craig's Royal Hotel, within walking distance to Her Majesty's Theatre, Ballarat Town Hall, University and CBD shopping, this central establishment offers a unique business opportunity with enough room for a conference and auditorium space or perhaps other facilities linked with existing church.
Whether you are looking at a Ballarat based business or beyond, this beautiful heritage regional city radiates four linking highways, connecting with Melbourne, Adelaide, Geelong and Portland which immediately taps a further relationship to cities beyond.
With genuine potential for strong capital gains, as well as holding a major central city asset, this purchase is sure to appeal to the most discerning buyer.
This grand architecture and history of Ballarat beckons to be rediscovered, for all the particulars of this exciting property, please contact our agent.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
49 Lydiard Street South BALLARAT...