Property Type
Retail
Retail
Building Area
298m2
298m2
National Retailer On New Lease With 3% Increases
Long established sitting tenant (10+ years) and now on renewed 3 + 3 year lease from 1 February 2018 to 31 January 2024
Certainty of fixed 3% rent increases
Tenant pays usual outgoings and GST as per lease
Heart of Ballarat, neighbouring Coles, Woolworths, Dan Murphy’s, Reject Shop, Best & Less plus banks and specialty retailers
Substantial Commercial 1 site of 180 sqm with wide north facing 6.04 metre frontage plus a second frontage to Little Bridge Street
Opposite major public car park
Ballarat: A major regional city, 110km from Melbourne with a growing population of 103,407 (June 2016)
Rent: $50,000 pa plus GST
Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne
Property Type
Retail
Retail
Building Area
298m2
298m2