31-33 Peel Street South, Ballarat Central 228 m2

Subscribe to regular market updates. Positioned in the heart of Ballarat Central’s tightly held Peel Street South precinct, 31–33 Peel Street South presents a rare opportunity to secure one or both well-located commercial spaces, offered with existing tenancies in place until early next year. Each shop comprises approximately 114sqm of versatile internal space, supported by two allocated off-street car parks at the rear, a kitchenette and staff amenities, dedicated storage and generous open-floor areas adaptable to a wide range of business uses. Both premises are currently vacant, however were previously tenanted by a dog grooming studio and dance studio. The flexibility of the layout will suit allied health, professional services, boutique retail, studio or creative-based businesses, with neighbouring occupiers reinforcing the strength of this connected, high-traffic precinct. For investors looking to add to their portfolio, or get your foot in the door, the estimated rental return for each premises is $28,000 per annum plus all outgoings. There is already strong interest in the properties for future rental. Suitable for investors seeking income with future flexibility, or owner-occupiers planning ahead, this is a genuine chance to secure a foothold in one of Ballarat’s most central, walkable and consistently in-demand commercial locations. Both shops are available for lease, or purchase one or secure both and capitalise on the long-term appeal of Ballarat’s thriving CBD fringe. Please contact Chris Sargent on 0438 899 524 for more information. Inspection by appointment Ballarat Secondary College Barkly Street Ballarat East St Alipius' Parish School 106-108 Victoria Street Ballarat East Canadian Lead Primary School Otway Street South Ballarat East Ballarat Primary School (Dana Street) Dana Street Ballarat Sovereign Hill School Sovereign Hill Magpie Street Ballarat 119 Drummond Street South Ballarat Macarthur Street Primary School 401 Macarthur Street Soldiers Hill Ballarat Mount Pleasant Primary School 401 Cobden Street Ballarat Black Hill Primary School 601 Chisholm Street Ballarat 200 Victoria Street Ballarat East Pleasant Street Primary School (Ballarat) Pleasant St Ballarat Ripon Street South Redan Ballarat and Clarendon College 1425 Sturt Street Ballarat Ballarat North Primary School Landsborough Street Ballarat Gregory Street Ballarat North Caledonian Primary School Thompson Street Brown Hill St Patrick's College 1431 Sturt Street Ballarat St Francis Xavier School Fortune Street Ballarat East Hertford Street Sebastopol 1600 Sturt Street Ballarat Ballarat Christian College Yarrowee & Vickers Streets Sebastopol Little Bendigo Primary School Sebastopol Primary School Warreen Street Sebastopol Ballarat Grammar School 201 Forest Street Wendouree Ballarat Specialist School 25 Gillies Street North Lake Gardens Ballarat High School 1726 Sturt Street Lake Gardens Delacombe Primary School Warrina Drive Delacombe Mount Clear Primary School 1206 Geelong Road Mount Clear Lumen Christi School 111 Whitelaw Avenue Delacombe 260 Albert Street Sebastopol