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Retail 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
