Burgess Rawson in conjunction with Colliers Ballarat, are pleased to offer to the market 1010 Sturt Street, Ballarat Central VIC for sale via Investment Portfolio Auction 174.

The property has the following key investment highlights:

+ 100% leased medical complex incorporating UFS Urgent Care Clinic and Pharmacy.
+ Urgent Care Clinic recently upgraded at cost of UFS Healthcare.
+ Brand new 4 & 2 year net leases to UFS Healthcare plus options.
+ UFS Healthcare: in operation 140+ years with 5 medical centres and 19 pharmacies. (1)
+ Tenants pay all usual outgoings including building insurance.
+ Guaranteed rental growth via fixed 3% annual increases.
+ Commanding 746sqm* two-level building including internal lift and rear roller door.
+ Prime 666sqm* landholding across 3 titles and 2 sites with 12 on-title car spaces.
+ Situated in dominant medical precinct adjoining Ballarat Base Hospital and St John of God Hospital.
+ Ballarat: capital of Western Victoria with population forecast to surge 32% to 164,365 by 2046. (2)
+ Potential 50% stamp duty saving.
+ Income: $200,000pa* + GST
+ Net Income: $194,000pa* + GST (after estimated single holding land tax)

For Sale by Investment Portfolio Auction 174
10:30am AEDT Wednesday 19 February 2025
River Room – Crown Casino, Melbourne VIC

1 UFS Healthcare
2 Forecast.id