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Retail for Sale in Bakery Hill
Over 6.5% yield - Prime Commercial & Residential Asset
- Building: 200m²
- Land: 325m²
Additional Information:
FloorplansRWC Ballarat is proud to present 86-88 Main Road & 22 Porter Street, Bakery Hill - a rare and exceptional dual-income freehold investment occupying a strategic position on the immediate fringe of the Ballarat CBD. Combining a beautifully presented, high-traffic retail/cafe storefront with a spacious, separate residential residence. This dual-occupancy property represents a premier portfolio addition for savvy investors.
The property delivers a dual-stream income profile with distinct commercial and residential assets under a single freehold title, returning an immediate yield with stable tenancies in place.
Secure Dual-Income Profile:
• 86-88 Main Road (Commercial Retail) - Currently operating as the popular local eatery "Just Like Nans," this high-exposure commercial space features a functional restaurant floor complete with a fireplace, character elements, an integrated commercial kitchen layout and customer amenities. Leased on a new 3 year lease at $22,000 per annum + Outgoings.
• 22 Porter Street (Residential Apartment) - Positioned with independent rear access, this substantial two-bedroom residence balances central convenience with private comfort. The interior features an open living room, functional dining space, kitchen, an additional dedicated study, a laundry room and a modern central bathroom. Leased at $420 per week.
Whether you are looking to secure a high-exposure storefront for future operations while collecting residential rent, or simply searching for a high-performing commercial asset with strong capital growth potential on the Ballarat CBD fringe, this dual-frontage gem is an absolute standout.
200m²
325m² / 0.08 acres
Commercial 1 Zone
Tenanted
Retail, Other
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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