Circa 7% Yield Anticipated - Prime Freehold with Huge Exposure to Coles & Woolworths

Description

+Secure 7.5 year lease to November 2026 plus options to 2036
+Nextra Newsagency: successful business on-site 34+ years
+Annual CPI rent reviews
+Investor preferred net lease terms with tenant paying all usual outgoings
+Proven freehold retail building in busy Bridge Mall with irreplaceable exposure to high foot traffic pedestrian crossing
+High profile 544sqm* site with important dual retail frontage
+Desirable inner CBD position directly opposite Coles, Woolworths and 380+ car parks
+Ballarat: booming regional city, forecast 24.43% population growth to 144,108 by 2036
+Net Income: $113,895pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room

*approx.

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Contact agents
Beau Coulter Partner
0413 839 898
Shaun Venables Partner
0411 860 865
Enquiry Form

Ballarat Central, VIC

68-70 Bridge Mall

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 154

Contact agents
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