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1 & 2/40 Ford Street,
Eureka 3350, Victoria

2 bedrooms
1 bathroom
1 car space
474m² land size
235m² building size
House

$570,000

Property Price Statement

Property details

"Dual Units, Dual Income on one Title - Perfect Investment or Owner-Occupier!"

Positioned in a quiet pocket just off Eureka Street, 1 & 2 Ford Street, Eureka presents a fantastic opportunity for investors, owner-occupiers, or those seeking a dual-income property close to the heart of Ballarat. Set on a generous combined 474m² allotment and built in 1990, these two well-maintained units are offered on one title with separate service connections, providing flexibility and excellent rental potential.

Unit 1 offers comfortable and practical living with two generously sized bedrooms, both complete with built-in robes. The home features a combined bathroom and laundry, maximising space and functionality. A cosy front porch welcomes you inside, while the spacious backyard provides plenty of room to relax outdoors or enjoy a spot of gardening, complemented by a handy garden shed. A private carport adds further convenience. Currently leased at $300 per week to excellent tenants until 14/08/2026, providing immediate rental income.

Unit 2 has been recently refreshed with fresh paint and new floor coverings throughout, creating a bright and updated feel. The unit includes two good-sized bedrooms with large built-in robes, a separate lounge with a Rinnai gas heater, and a functional kitchen fitted with a new gas oven and cooktop. The combined bathroom and laundry offers practicality, while outside you'll find a low-maintenance courtyard, garden shed and wall-mounted clothesline. Off-street parking is provided via a carport. The current tenant is vacating on 20/04/2026, opening the door for an owner-occupier or new tenant.

Located just minutes from the Ballarat CBD with easy access to the Melbourne Freeway, this property delivers outstanding convenience while maintaining a peaceful residential setting.

This is an incredible investment opportunity - live in one and rent the other, or lease both and enjoy a strong dual income stream in a sought-after location.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

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School catchments

  • St Alipius' Parish School Primary Prep-6 Catholic 0.71km
  • Canadian Lead Primary School Primary Prep-6 Government 0.95km
  • Caledonian Primary School Primary Prep-6 Government 1.6km
  • Black Hill Primary School Primary Prep-6 Government 2.0km
  • St Francis Xavier School Primary Prep-6 Catholic 2.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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