Discover a rare investment opportunity in the heart of Ballarat Central. This impressive commercial building offers a versatile workspace spread over three levels, each designed to accommodate a variety of tenants or a mixed-use approach that includes residential living.
Property Features:
Three-Level Versatility:
Ground Level: Currently leased to a well-established English and maths tutoring centre, providing a steady and reliable income stream. The current owner has expressed a strong interest in renting back, ensuring immediate returns for the new owner.
Lower Level: A dynamic space presently operating as a dance studio. This level includes an adjoining office, a fully equipped kitchen, and a bathroom, complemented by a separate toilet and a change room conveniently located near the entrance. With its own dedicated access from the car park, this level offers potential for a wide range of commercial uses.
Upper Level: Pending permits for a stunning 3-bedroom studio apartment. This level promises an open-plan kitchen and living area, ideal for a luxurious urban lifestyle or additional rental income. The highlight is the private rooftop terrace, offering panoramic views of Ballarat's picturesque skyline, making it a prime spot for relaxation or entertainment.
Investment Potential:
This property is a unique opportunity for investors seeking multiple income streams from a single asset. Whether you choose to maintain the current commercial leases or take advantage of the residential potential on the upper level, 25 Field Street is a flexible investment that can adapt to your portfolio strategy.
Additional Highlights:
Location: Situated in the vibrant heart of Ballarat Central, the property enjoys proximity to local amenities, public transport, and the cultural attractions that make this area highly desirable.
Accessibility: The lower level's separate entrance from the car park enhances the usability for different tenant types, providing privacy and ease of access for both commercial and residential occupants.
Future Growth: The pending permits for the upper-level studio apartment and rooftop terrace add significant value and appeal, promising future growth and a higher return on investment.
Don't miss out on this exceptional opportunity to secure a multi-faceted property in one of Ballarat's most sought-after locations. Contact us today to arrange a private viewing and explore the full potential of 25 Field Street, Ballarat Central.
