Back 261 Joseph Street
Off Market

261 Joseph Street

Canadian VIC 3350

2
1
1
House
Last sold for $450,000
Michael EdgarMichael Edgar, last sold this property on 16 June 2026 after 47 days on market.

Overview

Rare Commercial & Residential Opportunity!

Milk bar Business + 2-Bedroom Residence on Huge Corner Block. Unlock the potential of this exceptional corner property featuring an established milk bar business and comfortable 2-bedroom residence. Perfect for investors, developers, or owner-occupiers looking for a unique opportunity in Ballarat East. What's Included: - Operating milk bar business - established customer base and income potential - 2-bedroom residence - comfortable living quarters or rental opportunity - Huge corner block - maximizing development potential and street frontage - Prime corner position - excellent exposure and accessibility - Multiple income streams - business + residential rental potential Development Potential: - Renovate existing structures to maximize returns - Remove and develop - explore subdivision or multi-unit development options - Subject to council approval - endless possibilities for the savvy investor This rare offering presents multiple opportunities in one package - continue the successful business, live on-site, or explore exciting development options on this substantial corner allotment. Don't miss this unique investment opportunity in growing Ballarat East! Contact Michael Edgar on 0407 332 040 or Penny Shields on 0418 545 794 for more information and to arrange an inspection. Ballarat's Best-Selling Team

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Canadian over the last 12 months, the estimated median property value of 261 Joseph Street is $436.5k.

Median value
$436.5k
Estimated value range
$360k - $510k
Median days on market
27
Estimated value trend
27%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Canadian. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 261 Joseph Street

2026
Sold
$450,000
16 Jun 2026 by Michael Edgar, of PRD Ballarat

Happy sellers in Canadian

96%
96% of sellers in Canadian reported that their sale price either exceeded or met their price expectations.

Canadian stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Canadian over the last 12 months.

Local market activity for 2 bedroom houses in Canadian

In the last 12 months, 7 two-bedroom houses similar to 261 Joseph Street, have been sold.

This represents a 39% increase in two-bedroom houses sales when compared to the previous 12 months.

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