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1 & 2/40 Ford Street, Eureka, Vic 3350-Image

1 & 2/40 Ford Street, Eureka, Vic 3350

$570,000

House

Type

Bedrooms

Bathrooms

Parkings

474 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 1 & 2/40 Ford Street, Eureka, Vic 3350)

$570,000

View the agent price guide.

Cameron Webb - Real Estate Agent - Ray White - Ballarat

Cameron Webb Residential Sales Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-unit property on a spacious allotment, offering excellent rental income and convenient access to Ballarat's amenities.

🏡 Property Highlights

Dual-unit property with flexible rental income potential
Generous combined 818m² allotment in a peaceful pocket
Unit 1 leased at $300 per week until 14/08/2026
Recently refreshed Unit 2 with new paint and flooring
Close to Ballarat CBD with easy freeway access
Separate service connections for each unit

✨ Key Features

Built-in Robes
Outdoor Area
Garden Shed
Carport
Open-Plan Living
Ensuite
Open-Plan Living
Waterfront / Views
Low-Maintenance Yard
Pet-Friendly

Suburb and Property Insights of Eureka, VIC 3350

Eureka is a peaceful suburb just minutes from Ballarat's vibrant CBD, offering excellent connectivity via the Melbourne Freeway. The area features a mix of residential homes and investment properties, with convenient access to local amenities, parks, and schools. Its quiet streets provide a relaxed lifestyle while maintaining proximity to urban conveniences. The community is ideal for families, professionals, and investors seeking a balanced lifestyle. With ongoing development and strong rental demand, Eureka presents a promising opportunity for property growth.

Frequently Asked Questions

What is the current rental income for the units?

Unit 1 is leased at $300 per week until 14/08/2026, providing a reliable income stream. The current tenant for Unit 2 is vacating on 20/04/2026, offering an opportunity to lease or occupy.

Are there any recent renovations or updates?

Yes, Unit 2 has been recently refreshed with new paint and flooring, creating a bright and modern living space.

What are the zoning and planning restrictions for this property?

The property is situated on one title with two separate units, each with its own service connections, suitable for dual occupancy or investment purposes. Specific zoning details can be confirmed with local council.

Is there any potential for future development or expansion?

The large 818m² allotment offers potential for future development or extensions, subject to council approval.

What amenities and services are nearby?

The property is just minutes from Ballarat CBD, with easy access to shops, schools, parks, and major transport links including the Melbourne Freeway.

What to ask about this property to agent?

Are there any existing easements, covenants, or planning restrictions affecting the property? What are the council rates and any additional levies or fees? Are there any known issues with the property's structure, plumbing, or electrical systems? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property’s value or living environment?

1 & 2/40 Ford Street, Eureka, Vic 3350 - More Details

$570,000

Positioned in a quiet pocket just off Eureka Street, 1 & 2 Ford Street, Eureka presents a fantastic opportunity for investors, owner-occupiers, or those seeking a dual-income property close to the heart of Ballarat. Set on a generous combined 474m² allotment and built in 1990, these two well-maintained units are offered on one title with separate service connections, providing flexibility and excellent rental potential.

Unit 1 offers comfortable and practical living with two generously sized bedrooms, both complete with built-in robes. The home features a combined bathroom and laundry, maximising space and functionality. A cosy front porch welcomes you inside, while the spacious backyard provides plenty of room to relax outdoors or enjoy a spot of gardening, complemented by a handy garden shed. A private carport adds further convenience. Currently leased at $300 per week to excellent tenants until 14/08/2026, providing immediate rental income.

Unit 2 has been recently refreshed with fresh paint and new floor coverings throughout, creating a bright and updated feel. The unit includes two good-sized bedrooms with large built-in robes, a separate lounge with a Rinnai gas heater, and a functional kitchen fitted with a new gas oven and cooktop. The combined bathroom and laundry offers practicality, while outside you'll find a low-maintenance courtyard, garden shed and wall-mounted clothesline. Off-street parking is provided via a carport. The current tenant is vacating on 20/04/2026, opening the door for an owner-occupier or new tenant.

Located just minutes from the Ballarat CBD with easy access to the Melbourne Freeway, this property delivers outstanding convenience while maintaining a peaceful residential setting.

This is an incredible investment opportunity - live in one and rent the other, or lease both and enjoy a strong dual income stream in a sought-after location.

Type: House
Bedrooms: 2
Bathrooms: 1
Parkings: 1
Area: 474 m²
House Size: 235 m²

Price guide

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