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Sold on 16 Dec 2017

11 Lydiard Street South Ballarat Central VIC 3350

  • Offices
  • 950 m²
  • Sold, $950,000

"Eureka House" - Landmark Property Beside Her Majesty's Theatre

An outstanding opportunity exists in this offering of "Eureka House" located in the heart of the Ballarat CBD. The landmark building is ready to take on new leases of life for the astute investor, developer or owner occupier. "Eureka House" comprises basement, ground floor and four upper floors with a gross area of approximately 950m2. This property has the capacity to be leased in a range of multiple size tenancies or mixed with owner occupation and investment. With some lateral thinking "Eureka House" could be developed into beautiful apartments for short stay accommodation and the rooftop would make the perfect location for an atrium style restaurant (STCA). For the first time the adjoining building " ​Chatham​ House​"​ is also being offered for sale creating further potential for a larger investment.
Situated in historic Lydiard Street South next door to Her Majesty's Theatre being positioned in the heart of Ballarat's professional, cultural and educational precinct and walking distance to cafe's, bars, retail shopping and the train station. This excellent investment offering in Ballarat, which is a thriving regional city with strong growth projected over the next 20 - 25 years is already one of Australia's largest regional cities and its role as a major centre serving the region continues to strengthen. A recent State Government announcement creating 600 jobs in a Ballarat CBD government hub will further strengthen the Ballarat commercial market.

Property Highlights

Property ID2013981741
Date Sold16 Dec 2017
Sold Price$950,000
Floor Area950 m²
Land Area185 m²
ParkingAsk Agent
Category
Last updated  1 Dec 2017
Map for 11 Lydiard Street South Ballarat Central VIC 3350
Ray White Ballarat
37 Lydiard Street South Ballarat VIC 3350

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