Professional Commercial real estate in Ballarat
In the last
decade, many business owners have invested in commercial real estate in
Ballarat. Factors that contributed to the increase in investment were proximity
to Melbourne, sustained job growth, improvement in local economic conditions,
and the demands of national & international tourists. Hence, the property
market of Ballarat has witnessed steady growth and stability. If you are
thinking of investing in a commercial real estate in Ballarat, it is a wise
decision. If you invest in one now, the chances of the property’s appreciation
value increasing are substantial, and you are likely to get higher rental
returns.
For your
reference, I’ve shared the details of a few worthwhile commercial real estates
in Ballarat.
Prime CBD Development Site
Spanning over
672sqm this site on Eastwood Street has two separate titles that can be bought
together or individually. Plot no. 4 is 352sqm (approx.) in size and Plot no. 6
is 320sqm (approx.). This commercial real estate in Ballarat is a rare land
investment, as it has huge development potential. It can be used for developing
any commercial building. It can be made into an institute, medical facility,
manufacturing/ supply factory, supermarket, etc. Other features that make this
property lucrative are its proximity to Central Ballarat Supermarkets, location
in the Law Courts precinct, ample car parking, and commercial 1 zoning.
The quoted price
for this property is $700,000 EXC. GST.
Warehouse - Spacious and Modern
This vast
warehouse building is a real estate investment waiting to be explored. It is
spread over 545 Square Metres and granted industrial 1 zoning. Hence, it is
ideal for the development of a manufacturing unit, distribution & storage
space, or other industrial building. There is an office space available as
well, if required, and a parking space for four cars. The location of this site
is desirable as it is in a busy precinct just off the Western Freeway and close
to the town.
If these
properties have piqued your interest, you can schedule a visit to inspect them
to get a better idea. Review the properties for traffic, streetscape, and
connectivity. In addition, if there is a building, check it for structural
integrity, pests, electricity & water supply, and other facilities. Make
sure you know about the owner’s history as well.
If you want to
surf through more such properties that are under your budget, visit this
website https://www.commercialproperty2sell.com.au/real-estate/vic/ballarat/
Comments
Post a Comment