Bursting with potential, this charming period home rests in the most convenient and central location; only moments from Ballarat CBD, Ballarat Train Station, Schools and Fed University SMB campus. Currently at the beginning of a 12 month residential lease of $280 per week, this is the opportunity to get your foot in the Ballarat central market and perhaps renovate in the future. Zoned Commercial 1, this is certainly a versatile investment with unlimited options. Favoured by a sunny North facing rear yard with side access, this comfortably presented home is graced with period features throughout; impressive high ceilings, feature fireplaces, art deco panelling and generous proportions allow the potential to be used as a legitimate three bedroom property. The kitchen, meals and living are open plan and the central bathroom is well connected to the bedrooms producing a smart layout. Externally, there is plenty of space for kids and pets with the yard also providing a garden shed and off street parking. Enjoy the capital growth in this blue chip location and the lifestyle opportunities offered by thriving Ballarat.