Affordable Retail Investment With Long-standing Tenant
Description
Renewed lease to March 2020 plus option.
GAZMAN: Highly successful family business established in 1974 with a growing network of 70 stores nationally.
Fixed 3.5% annual rent increases.
Tenant pays all usual outgoings.
Well-presented retail shop with quality tenant fit-out.
Strategic high profile location neighbouring and well supported by the Target and Myer anchored Central Square Shopping Centre.
Ballarat: Victoria’s second largest inland city with trade catchment 100,000+ and a forecasted Victorian hotspot in 2018.
Rent: $51,750 pa (March 2018).
Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne
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Ballarat Central, VIC
315-317 Sturt Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 118