Burgess Rawson in conjunction with Colliers Ballarat, are pleased to offer to the market ‘Ochre Health’ located at 19 Leopold Street, Alfredton (Ballarat) VIC for sale via Investment Portfolio Auction 173.

The property has the following key investment highlights:

+ Renewed Five (5) year net lease to November 2029 plus options to 2049.
+ Ochre Health: leading regional healthcare provider est. 2002 with 65+ locations nationally. (1)
+ Favourable annual CPI reviews.
+ Investor preferred net lease terms with tenant paying all usual outgoings including building insurance.
+ 580sqm* medical centre incorporating 8 consult rooms, allied health, nursing, treatment and Ambulance entry.
+ Medical centre also incorporates Melbourne Pathology and Skin Cancer Ballarat.
+ Important 17 on-title sealed and lined car spaces.
+ Significant 2,422sqm* freehold landholding with 112 metre* frontage and exposure to Leopold Street.
+ Situated directly opposite McCallum Disability Service.
+ Ideally positioned in heart of Ballarat’s booming western growth corridor.
+ Ballarat: capital of Western Victoria with population forecast to surge 34.72% to 164,365 by 2046. (2)
+ Potential 50% stamp duty saving.
+ Net Income: $195,531 pa* + GST.

For Sale by Investment Portfolio Auction 173
10:30am AEDT Wednesday 11 December 2024
River Room – Crown Casino, Melbourne VIC

1 Ochre Health
2 Forecast.id