"Chatham House" - Elite Location, Prime Make Over Opportunity
- Building: 564m²
An outstanding opportunity exists in this offering of "Chatham House" located in the heart of the Ballarat CBD. This landmark building is ready to take on a new lease of life for the astute investor, developer or owner occupier. "Chatham House" comprises basement, ground and first floors with a gross area of approximately 564m2. This property has the capacity to be leased in a range of multiple size tenancies or mixed with owner occupation and investment having 2 separate entrances. With some lateral thinking this property could be developed into beautiful apartments for short stay accommodation, it is perfectly located for a fine dining restaurant or bar/cafe' (STCA). For the first time the adjoining building " Eureka House is also being offered for sale creating further potential for a larger investment. Situated in historic Lydiard Street South and only two doors to Her Majesty's Theatre it is positioned in the heart of Ballarat's professional, cultural and educational precinct and walking distance to cafe's, bars, retail shopping and the train station. This excellent investment offering in Ballarat, which is a thriving regional city with strong growth projected over the next 20 - 25 years is already one of Australia's largest regional cities and its role as a major centre serving the region continues to strengthen. A recent State Government announcement creating 600 jobs in a Ballarat CBD government hub will further strengthen the Ballarat commercial market.
Commercial Zone 1