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853 Howitt St 2,702 SF Retail Building Wendouree, VIC 3355 $1,241,294 ($459.44/SF)


Investment Highlights
- Prominent 1,993 m² corner site offering exceptional exposure and accessibility.
- Significant development potential with options for subdivision or redevelopment (STCA).
- Located near the Western Freeway, Lake Wendouree, and Ballarat Central.
- Situated in a high-growth commercial precinct within Ballarat’s expanding economy.
Executive Summary
This prime corner allotment in Wendouree presents a rare opportunity for investors and developers to secure a high-profile site in one of Ballarat’s most dynamic growth corridors. Spanning approximately 1,993 m², the property is strategically positioned for maximum exposure and accessibility, with close proximity to the Western Freeway, Lake Wendouree, and Ballarat Central.
Currently leased to a reliable long-term tenant, the property offers immediate income security while providing significant future upside through development potential (STCA). Its corner location enhances visibility, making it an attractive option for businesses seeking prominence or developers planning a mixed-use or commercial project.
The site’s flexibility to subdivide or redevelop, subject to council approval, ensures a wide range of possibilities for future use. With Ballarat’s continued economic expansion and strong demand for quality commercial sites, this property represents a compelling investment opportunity in a thriving regional market.
Currently leased to a reliable long-term tenant, the property offers immediate income security while providing significant future upside through development potential (STCA). Its corner location enhances visibility, making it an attractive option for businesses seeking prominence or developers planning a mixed-use or commercial project.
The site’s flexibility to subdivide or redevelop, subject to council approval, ensures a wide range of possibilities for future use. With Ballarat’s continued economic expansion and strong demand for quality commercial sites, this property represents a compelling investment opportunity in a thriving regional market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,702 SF
Building Class
C
Price
$1,241,294
Price Per SF
$459.44
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.49 AC
Amenities
- Corner Lot
- Freeway Visibility
- Signage
- Air Conditioning
Nearby Major Retailers
1 of 3
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853 Howitt St
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