{"Slug":"house-225-lydiard-street-north-soldiers-hill-vic-3350","CanonicalUrl":"https://realsearch.com.au/house-225-lydiard-street-north-soldiers-hill-vic-3350","Address":"225  Lydiard Street North, Soldiers Hill, Vic 3350","Suburb":"Soldiers Hill","State":"VIC","Postcode":"3350","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"Nestled in the vibrant heart of Ballarat, 225 Lydiard Street North offers an exceptional opportunity for investors or those seeking a versatile property in a prime CBD location. Situated just 180 meters from the main railway station and within walking distance to theatres, galleries, restaurants, cafes, and shopping centres, everything you need is at your doorstep. This remarkable property is currently run as an AirBnB, offering 3-star accommodation and delivering a solid gross return on investment, with an average gross return of $200-$220K p.a. over the last three years.The property, built circa 1910, boasts stunning Arts and Crafts architectural elements, adding character and charm to the building. On the lower level, you'll find four well-appointed suites—two one-bedroom units and two studio units—each featuring generous-sized rooms and ensuite bathrooms complete with corner spas. The one-bedroom and two-bedroom units are equipped with separate kitchens. The upper level is home to a spacious two-bedroom suite with a large living area, full kitchen, ensuite, and a separate spa room, providing a luxurious retreat for guests or residents.This property offers great potential for further development or extension, providing ample room to increase its value and functionality. The property also caters to private onsite parking for 4 vehicles, ensuring convenience for tenants or guests. With 6 bedrooms and 5 bathrooms in total, the property caters to a range of possibilities—whether it be a continuation of its current use as accommodation, a stylish office space, or even a spectacular residence.The property is exempt from the Victorian State AirBNB levy, offering an additional advantage to the new owner. Additionally, the owner has the option of having the existing property management firm continue in its current role, making it a more passive investment than active. The property comes with all future reservations, ensuring a seamless transition for any potential buyer.Opportunities to secure a property of this size and potential in such a central location are rare—don't miss your chance to invest in one of Ballarat’s most sought-after addresses.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$1,575,000 - $1,670,000"},"Bedrooms":"6","Bathrooms":"5","Parking":"2","Features":[{"Name":"Bedrooms","Value":"6"},{"Name":"Bathrooms","Value":"5"},{"Name":"Carports","Value":"2"},{"Name":"Area","Value":"465 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.5565155,"Longitude":143.8583381,"Agent":{"Name":"Peter Burley","CanonicalUrl":"https://realsearch.com.au/agent/peter-burley"},"Agency":{"Name":"Buxton - Ballarat","CanonicalUrl":"https://realsearch.com.au/agency/buxton-ballarat"},"CreatedAt":"2026-05-14T07:07:50.8434349","UpdatedAt":"2026-05-17T07:39:02.6847739"}