503&503A Peel Street North, Black Hill, Vic 3350

Positioned in the established and popular Black Hill precinct, 503 Peel Street North presents a unique opportunity to secure a commercial freehold with a separate two-bedroom residence, offered on the same title with separate rates notices.

At the front of the property is the established Black Hill Post Office premises, occupying a prominent position on Peel Street North, with a lease in place.
Importantly, the Post Office business is not for sale. The offering is for the freehold property only.

At the rear is a separate two-bedroom unit currently under renovation, providing a residential component that adds flexibility and further appeal to this unique property. This unit is accessed separately by a driveway with an automatic roller door.

FLEXIBLE OPTIONS
The commercial premises and residential unit are held on the same title.
The properties will be offered together, creating opportunities for commercial investors, residential investors, owner-occupiers or purchasers looking to secure both assets.

LOCATION, LOCATION, LOCATION
The property is conveniently positioned within easy reach of Ballarat Central, providing access to the city's extensive range of shopping, dining, business and professional services.

Ballarat Railway Station is also within easy reach, providing convenient rail connections to Melbourne and surrounding areas. Families are well catered for with a selection of primary schools and educational facilities nearby, while Ballarat Base Hospital and associated medical services are also readily accessible.

With its combination of commercial exposure, residential accommodation and proximity to Ballarat's major amenities, the location provides an appealing proposition for a range of purchasers.

PROPERTY HIGHLIGHTS
- Prominent Peel Street North position
- Commercial freehold at the front
- Established Post Office premises
- Post Office business is NOT included in the sale
- Separate two-bedroom unit at the rear
- Two separate titles
- Offered together or individually
- Convenient access to Ballarat Central
- Close to Ballarat Railway Station
- Close to primary schools and other education facilities
- Convenient to Ballarat Base Hospital and medical services
- Commercial and residential investment opportunity

With the opportunity to secure this unique combined holding, 503 Peel Street - North offers flexibility, position and the opportunity to secure a unique property in one of Ballarat's established inner suburbs.

For sale: Freehold property only. The Post Office business, business assets and goodwill are not included. Inspection is highly recommended to appreciate the opportunity, please contact Jamie Gepp 0459 201 710 for an appointment.

Type

House

Bedrooms

2

Bathrooms

1

Parkings

1

Area

552 m²