202 Dawson Street South, Ballarat Central VIC 3350

Potential 6.9% Yield

House
Type
23
Bedrooms
3
Bathrooms
3
Parkings
672.0 m2
Area

Last updated on Monday, May 04, 2026 ( See property details for 202 Dawson Street South, Ballarat Central VIC 3350)

$1,500,000 - $1,650,000

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

A versatile three-level accommodation property in Ballarat Central offering long-term lease, stunning views, and future development potential.

🏑 Property Highlights

  • Significant 23-room accommodation property with stunning views
  • Long-term lease with annual rent increases and favorable terms
  • Potential for future development and university accommodation (STCA)
  • Prime location in Ballarat Central with excellent accessibility
  • Existing planning permit for Bed and Breakfast use
  • Three-level building with modern amenities including heating and air conditioning

✨ Key Features

  • 23 guest rooms
  • 3 bathrooms
  • 2 kitchens
  • Laundry facilities
  • Balcony with beautiful views
  • Land area of approximately 511m²
  • Off-street parking for 5 vehicles
  • Three-level building
  • Heating and air conditioning
  • Current planning permit for Bed and Breakfast
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202 Dawson Street South
Ballarat Central, VIC 3350
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$ 29 .00
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Vertical aerial view β€” 202 Dawson Street South
202 Dawson Street South — Vertical Aerial  •  Ballarat Central, VIC 3350  •  Nearmap © 2026

Located in the vibrant heart of Ballarat Central, this property offers excellent access to local amenities, educational institutions, and transport links. Key points include: prime location with high foot traffic, potential for university accommodation development, strong rental income with annual increases, existing planning permits for B&B use, and stunning views from the property’s balcony, making it an attractive investment for both growth and lifestyle.

What is the current rental income and lease terms? What are the future development options for this property? Is there existing planning permission for additional uses? What amenities are included in the property? How accessible is the location for tenants and guests? What are the potential growth prospects for this investment? Are there any restrictions or covenants on the property? What is the condition of the building and necessary renovations? How does this property compare to other investment options in Ballarat? What are the annual costs and outgoings associated with the property?

202 Dawson Street South, Ballarat Central VIC 3350 - More Details

Potential 6.9% Yield

Type
House
Bedrooms
23
Bathrooms
3
Parkings
3
Area
672.0m2

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