3 Surrey Street, Ballarat Central, Vic 3350

$595,000 - $640,000

House
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Published on Wednesday, August 26, 2026 ( See property details for 3 Surrey Street, Ballarat Central, Vic 3350)

$595,000 - $640,000

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

A versatile central Ballarat property on a large 758sqm block, offering comfortable living, investment potential, and future development scope.

🏡 Property Highlights

  • Impressive 758sqm block in central Ballarat with substantial landholding
  • Existing well-appointed 2-bedroom, 2-bathroom home with versatile layout
  • Prime location close to CBD, Lake Wendouree, shops, cafes, and recreational facilities
  • Generous rear yard with rear access, ideal for entertaining or future development
  • Currently a popular Airbnb, offering investment and short-stay potential
  • Scope for future development or enhancement (STCA) in a central setting

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Ballarat Central offers a vibrant lifestyle with easy access to the CBD, picturesque Lake Wendouree, diverse shopping and dining options, and abundant recreational facilities. The area is renowned for its historic charm, community atmosphere, and convenient amenities, making it an ideal location for families, professionals, and investors seeking a central and accessible lifestyle.

What are the current zoning and planning restrictions for this property?
The property is subject to local council zoning regulations, and any future development or modifications should be confirmed with Ballarat City Council to ensure compliance with planning policies.
Are there any known issues or defects with the property?
Based on available information, there are no known defects; however, a thorough building and pest inspection is recommended prior to purchase.
What are the ongoing costs associated with owning this property?
Ongoing costs may include council rates, water rates, insurance, and maintenance. Specific figures can be obtained from the relevant service providers.
Is the property suitable for future development or subdivision?
The large 758sqm block offers potential for future development or subdivision, subject to council approval and STCA (Subject To Council Approval).
What is the condition of the existing home and its suitability for renovation?
The home is well-maintained and offers comfortable living spaces, with scope for upgrades or renovations to enhance its value.
Are there any easements, covenants, or restrictions on the land that could affect future use or development? Has the property been affected by flooding or bushfire risks in the past? Are there any upcoming planning or construction projects nearby that could impact the property’s value or enjoyment? What are the strata or body corporate arrangements if applicable? Are there any hidden costs or additional fees associated with the property or its Airbnb operation?

3 Surrey Street, Ballarat Central, Vic 3350 - More Details

$595,000 - $640,000

Set on an impressive 758sqm block in Ballarat Central, this property presents a rare opportunity to secure substantial land within easy reach of the CBD and Lake Wendouree.

The existing three-bedroom home offers comfortable accommodation, with a well-appointed kitchen and dining area, separate lounge and two bathrooms. Beyond the home, the generous block opens to an expansive rear yard, with rear access adding further flexibility and plenty of space for entertaining or future plans.

Currently a popular Airbnb, the property offers further versatility for those seeking an investment, short-stay opportunity or a home to enjoy themselves. With its generous proportions and central position, there is also scope to consider the property's future potential (STCA), whether enhancing the existing home or exploring new possibilities.

Enjoy the convenience of being close to Ballarat CBD, Lake Wendouree, local shops, cafes and recreational facilities, while the property's established Airbnb appeal adds further opportunity.

A substantial landholding offering space, convenience and exciting potential in a tightly held central location.
Type
House
Bedrooms
2
Bathrooms
2
Parkings
1

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 29 Aug 10:50 am

    Saturday 29 August
    10:50 am - 11:20 am
Thank you for submitting your reminder request.

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