Secure 5 Year Lease to Long Term Tenant- Fixed 4% Annual Rent Increases

Description

5 year lease to 2022 plus option to 2027
Fixed 4% annual rent increases assuring rental growth
Tenant pays all usual outgoings as per lease
Crazy Asian Restaurant: Popular long running restaurant with loyal local customer base
Prominent part two story building with dual access
Located within Ballarat’s key food retail precinct, recently approved $15 million in upgrade works
Ballarat: The capital of Western Victoria & one of Australia’s fastest growing regional centres with projected 19% population growth by 2026
Net Income: $46,335 pa + GST

For Sale by Private Treaty

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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
Beau Coulter Partner
0413 839 898
Enquiry Form

Ballarat Central, VIC

5-7/ 107 Bridge Mall

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 130

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