204, 206 & 206a Sturt Street Ballarat Central, VIC 3350

RWC Ballarat is excited to offer 204, 206 & 206a Sturt Street, Ballarat Central. Occupying a commanding position on Ballarat's premier boulevard, this versatile freehold property offers a rare "live and work" setup or a smart, multi-income investment.

Sitting on approx. 170m²* of land, the building features a 200m²* internal layout complemented by a private 39m²* rear courtyard and patio. The property is cleverly split into three tenancies, giving you the flexibility to occupy the lot, lease them out individually or split your business operations.

• 204 Sturt Street (Retail Showroom): Vacant 67m2* retail property ready for occupation. Features premium street frontage, high ceilings, clear-span floor area, reverse-cycle A/C, a rear kitchenette and a character exposed-brick feature wall. Expected Rent and currently for lease: $25,000* pa + Outgoings.

• 206 Sturt Street (Ground Floor Office): Currently tenanted, providing immediate cash flow. This private, functional office shares access to the ground-floor amenities and rear courtyard. Current Lease: Until 31 January 2027 (with a further 3-year option). Current Rent: $16,800 pa + Outgoings.

• 206a Sturt Street (Upstairs 2-Bed Apartment): Vacant with separate, secure entry. This character-filled first-floor residence has recently been refurbished with a new kitchen, bathroom, carpets and painting. Expected Rent: $400 per week*

Key Investment Features:

• Potential annual income of $62,600*
• Unbeatable Exposure: Positioned directly on Ballarat's iconic main strip, surrounded by high-traffic retail, hospitality and professional services.
• Three Income Streams, One Title: Spread your risk across retail, commercial office and residential tenancies under a single freehold title.

Whether you want to run your business on Ballarat's best commercial strip while leasing upstairs, or you're an investor looking for a blue-chip asset with diversified income, this property delivers on every front.

For Sale: $850,000 + GST If Applicable
For Lease: 204 Sturt Street - $25,000pa + GST if applicable and Outgoings

*Approx