16 Anderson Street West, Ballarat Central, VIC, 3350

For Sale

16 Anderson Street West, Ballarat Central, VIC, 3350

$599,000 - $649,000

925 m²

House

•

30+ days on the market

View agent price guide

What's around 16 Anderson Street West

Central Opportunity on 925m² with Outstanding Future Potential

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