617 York Street, Ballarat East VIC 3350

Exceptional Opportunity on 1,633sqm - Secure Shed, Long-Term Tenant & Scope to Add Value

House
Type
4
Bedrooms
2
Bathrooms
7
Parkings

Last updated on Saturday, August 08, 2026 ( See property details for 617 York Street, Ballarat East VIC 3350)

$699,000

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

A spacious family home on a large allotment in Ballarat East offering immediate rental income and exciting development potential.

🏡 Property Highlights

  • Impressive 1,633sqm allotment with vast outdoor space
  • Currently leased to a reliable tenant generating $500 per week
  • Four generously sized bedrooms and two bathrooms
  • Multiple living and dining areas for versatile family living
  • Large shed providing secure parking and ample storage
  • Excellent scope for renovation, subdivision (STCA), or future development

✨ Key Features

  • Garage
  • Open-Plan Living
  • Outdoor Area
  • Shed
  • Built-in Robes
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Extra Storage (Shed/Linen)
  • Waterfront / Views
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617 York Street
Ballarat East, VIC 3350
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Vertical aerial view — 617 York Street
617 York Street — Vertical Aerial  •  Ballarat East, VIC 3350  •  Nearmap © 2026

Ballarat East is a highly sought-after suburb known for its established community, proximity to schools, parks, and shopping precincts. It offers a peaceful lifestyle with excellent transport links and a strong sense of local history. The area is ideal for families, investors, and those seeking a blend of convenience and potential for future growth.

What is the condition of the property and are there any recent renovations?
The property offers a solid foundation with spacious rooms, and while it is move-in ready, there is scope for renovation and personal updates to enhance its value.
What are the zoning and development restrictions for this property?
The property is situated on a large allotment with potential for subdivision (STCA). It is advisable to consult local council for specific zoning and development guidelines.
Are there any known issues or defects with the property?
Based on current information, there are no known issues; however, a thorough building and pest inspection is recommended prior to purchase.
What are the ongoing costs associated with the property?
Ongoing costs include council rates, land tax, maintenance, and any applicable strata or body corporate fees if relevant.
Is the property suitable for future development or subdivision?
Yes, the large land size offers potential for subdivision (STCA) and future development, making it an attractive option for investors and developers.
Are there any planning or zoning restrictions that could affect subdivision or development plans? What are the total costs involved in potential renovations or extensions? Are there any easements, covenants, or restrictions on the land? Has the property experienced any flooding or bushfire risks? Are there any upcoming council or community developments in the area that could impact the property’s value or livability? What are the details regarding the current lease, and are there any lease renewal or termination conditions? Are there any hidden costs associated with the large shed or additional structures? Is there any history of pest or structural issues not disclosed? What are the local council requirements for subdivision or further development? Are there any noise or environmental concerns related to nearby infrastructure or land use?

617 York Street, Ballarat East VIC 3350 - More Details

Exceptional Opportunity on 1,633sqm - Secure Shed, Long-Term Tenant & Scope to Add Value

Welcome to 617 York Street, Ballarat East, a spacious family home set on an impressive 1,633sqm (approx.) allotment, offering outstanding potential for homeowners, renovators and investors alike.

Currently leased to a reliable long-term tenant returning $500 per week, the property provides an immediate income stream while you plan for the future.

The home offers four generously sized bedrooms and two bathrooms. Multiple living and dining areas provide plenty of space for family living and entertaining, while the generous proportions throughout create a solid foundation for those looking to update, renovate or add your own personal style over time.

Outside, the expansive backyard presents endless possibilities, whether you envision creating the ultimate family garden, subdividing (STCA) or simply enjoying the space on offer. The large shed provides secure parking and excellent storage, making it an ideal setup for a tradesperson, hobbyist or anyone needing room for tools, equipment or extra vehicles. With additional off-street parking available, there's plenty of space for cars, trailers, caravans or work vehicles.

Positioned in the heart of Ballarat East, you'll enjoy the convenience of nearby schools, parks, shopping and public transport, all while living in an established and sought-after neighbourhood.

Offering immediate rental returns, exceptional land size and exciting scope to enhance and add value, this is a rare opportunity to secure a property with both present-day income and outstanding future potential.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
7
Area
0.0

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