261 Joseph Street
Canadian, VIC 3350

Overview

261 Joseph Street

This unique property presents a rare commercial and residential opportunity located on a substantial corner block in Ballarat East. It features an established milk bar business alongside a comfortable two-bedroom residence, making it ideal for investors, developers, or owner-occupiers seeking a versatile investment or lifestyle option.

The property includes an operating milk bar business with an established customer base, offering significant income potential. The adjoining two-bedroom residence provides comfortable living quarters or can serve as a rental opportunity, adding to the property's multiple income streams.

The large corner block maximizes development potential and street frontage, offering excellent exposure and accessibility due to its prime corner position. This enhances the property's appeal for future development or subdivision, subject to council approval.

Development possibilities include renovating the existing structures to maximize returns or removing them to explore subdivision or multi-unit development options. The property's size and location provide endless possibilities for savvy investors looking to capitalize on the growing Ballarat East market.

This offering combines multiple opportunities in one package, allowing the buyer to continue the successful business, live on-site, or pursue exciting development options on this substantial corner allotment.

Do not miss this exceptional investment opportunity in a thriving area with strong growth potential.

Location