Positioned in one of Ballarat Central's most tightly held and convenient pockets, 16 Anderson Street West presents an increasingly rare opportunity to secure a substantial 925m² (approx.) landholding just moments from the heart of the city.
Currently occupied by excellent long-term tenants who are keen to remain, the property delivers immediate rental income while offering immense future upside for investors, developers or land-bankers alike.
The existing residence is a comfortable and well-maintained four-bedroom home, providing plenty of space for family living. A light-filled open-plan living zone connects seamlessly with the kitchen, creating a functional and welcoming environment. A central bathroom services the home, while the layout ensures flexibility for a variety of lifestyle or leasing arrangements.
What truly sets this property apart is its size and location. Set on a broad and deep allotment in a prime central position, the site offers outstanding potential for future redevelopment, subdivision or rezoning (STCA) - a compelling proposition given the ongoing demand for inner-city Ballarat housing and infill projects.
The rear yard provides a vast expanse of space, ideal for future planning or simply enjoying the benefits of a generous central landholding. Secure parking and storage are catered for with a double garage.
Enjoy the unbeatable convenience of Ballarat Central living, with schools, shops, cafés, transport and medical facilities all within easy reach, reinforcing the long-term appeal of both the location and the investment.
Key Highlights:• Substantial 925m² (approx.) inner-city allotment• Fantastic Ballarat Central location• Recently installed refrigerated central heating / cooling• Period four bedroom home with open-plan living• Currently leased to great tenants keen to stay on• Immediate income with long term development upside• Strong potential for redevelopment or rezoning (STCA)• Rare central land opportunity in a high growth area
Whether you are seeking a solid investment with holding income, a future development site, or a blue-chip central position with options, 16 Anderson Street West represents a standout opportunity not to be missed.
Ballarat's Best-Selling Team
