7 Otway Street South, Ballarat East, Vic, 3350

​ ​​ ​​ ​​ ​​ ​​ ​The​ ​property​ ​is​ ​currently​ ​operating​ ​as​ ​short​ ​term​ ​accommodation​ ​with​ ​returns​ ​exceeding​ ​6.5%​ ​and​ ​is​ ​offered​ ​for​ ​sale​ ​as​ ​a​ ​‘walk​ ​in/walk​ ​out’​ ​transaction​ ​inclusive​ ​of​ ​all​ ​chattels.​ ​

Showcasing​ ​architectural​ ​and​ ​creative​ ​design,​ ​this​ ​truly​ ​one​ ​of​ ​a​ ​kind​ ​residence​ ​blends​ ​natural​ ​timber​ ​finishes,​ ​and​ ​a​ ​thoughtfully​ ​crafted​ ​layout​ ​to​ ​deliver​ ​a​ ​unique​ ​home​ ​or​ ​multiple​ ​accommodation​ ​spaces​ ​unlike​ ​any​ ​other.​ ​

Intriguingly​ ​designed,​ ​this​ ​property​ ​effectively​ ​functions​ ​as​ ​two​ ​separate​ ​accommodation​ ​suites,​ ​whilst​ ​maintaining​ ​its​ ​flexibility​ ​to​ ​easily​ ​convert​ ​back​ ​to​ ​a​ ​single​ ​residence.​ ​This​ ​flexible​ ​configuration​ ​with​ ​adaptable​ ​spaces​ ​is​ ​ideal​ ​for​ ​buyers​ ​seeking​ ​a​ ​home​ ​while​ ​earning​ ​an​ ​income,​ ​opportunities​ ​for​ ​working​ ​from​ ​home​ ​with​ ​separate​ ​creative​ ​work​ ​spaces​ ​or​ ​multigenerational​ ​living.​ ​You​ ​can​ ​choose​ ​the​ ​configuration​ ​that​ ​best​ ​suits​ ​your​ ​lifestyle​ ​and​ ​interests.

The​ ​unique​ ​character​ ​and​ ​intriguing​ ​quirky​ ​spaces​ ​are​ ​crafted​ ​from​ ​reused​ ​and​ ​recycled​ ​timbers​ ​and​ ​reinvented​ ​materials.​ ​Aside​ ​from​ ​the​ ​wall​ ​framing​ ​and​ ​roof​ ​trusses,​ ​much​ ​of​ ​the​ ​exposed​ ​structure​ ​has​ ​been​ ​crafted​ ​from​ ​durable​ ​timber​ ​species.​ ​Many​ ​windows​ ​and​ ​doors​ ​are​ ​custom​ ​joinery​ ​or​ ​carefully​ ​sourced​ ​recycled​ ​‘Queenslander’​ ​period​ ​window​ ​sashes​ ​along​ ​with​ ​three​ ​150-year-old​ ​leadlight​ ​window​ ​sashes​ ​which​ ​have​ ​been​ ​restored​ ​from​ ​a​ ​historic​ ​Ballarat​ ​building​ ​prior​ ​to​ ​its​ ​demolition.​ ​

The​ ​sun-filled​ ​alfresco​ ​entertaining​ ​area​ ​offers​ ​a​ ​welcoming​ ​space​ ​to​ ​relax​ ​and​ ​entertain,​ ​complete​ ​with​ ​a​ ​repurposed​ ​club​ ​lounge​ ​suite​ ​featuring​ ​seats​ ​clad​ ​in​ ​durable​ ​Jarrah​ ​timber​ ​and​ ​cleverly​ ​designed​ ​hinged​ ​armrests​ ​providing​ ​additional​ ​storage.​ ​

Positioned​ ​on​ ​an​ ​elevated​ ​allotment​ ​on​ ​the​ ​corner​ ​of​ ​Glazebrook​ ​Street,​ ​this​ ​home​ ​and​ ​the​ ​unique​ ​accommodation​ ​spaces​ ​are​ ​nestled​ ​against​ ​established​ ​trees​ ​creating​ ​a​ ​peaceful​ ​and​ ​tranquil​ ​environment.​ ​

Located​ ​in​ ​an​ ​outstanding​ ​Inner-East​ ​position,​ ​the​ ​property​ ​offers​ ​convenient​ ​access​ ​to​ ​the​ ​Central​ ​Business​ ​District,​ ​supermarkets,​ ​and​ ​major​ ​shopping​ ​amenities,​ ​combining​ ​lifestyle​ ​appeal​ ​with​ ​everyday​ ​convenience.​ ​

A​ ​rare​ ​offering​ ​that​ ​delivers​ ​unique​ ​flexible​ ​living​ ​opportunities​ ​and​ ​exceptional​ ​investment​ ​potential.
​ ​​ ​​ ​​ ​