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101-103 Mair Street, BALLARAT CENTRAL, VIC, 3350

2. Property Highlights

New 5 Year Lease to Experienced Operators | High Yielding Investment
  • New 5 Year Lease plus options to 2047
  • Favourable CPI rent reviews
  • Licensed Venue to Host 700 Patrons

Burgess Rawson in conjunction with Colliers International (Ballarat) is pleased to offer to the market a rare island freehold opportunity in Ballarat VIC for sale via Investment Portfolio Auction 160.

+ New 5 year lease to June 2027 plus options through to 2047 to experienced operators.

+ Favourable CPI rent reviews annually.

+ Landlord favourable net lease with the lessee responsible for all usual outgoings as per the lease.

+ The tenant group includes experienced leaders within Victoria’s entertainment industry, with long term success on multiple leading metro Melbourne venues.

+ Central 728sqm* CBD freehold ‘island site’ with all round frontage and exposure of 108 metres*.

+ Classic refurbished late night venue incorporating a popular elfresco beer gardens.

+ Rock solid refurbished and extended 1,070 sqm three level building with capital intensive fit-out

+ Important 7 on-site car spaces.

+ Valuable liquor license to host 700 patrons.

+ Position-perfect next to Federation University (Camp Street) campus.

+ Strategic CBD position within Ballarat’s legal / financial precinct, while also close to and amongst national retailers including The Good Guys, Reece, JB Hi-Fi, Big W, Rebel, Bob Jane T-Mart etc.

+ Mair Street (Ballarat’s local vehicular thoroughfare) with 15,200+ vehicles passing daily.

+ Potential 50% stamp duty savings.

+ Ballarat: capital of Western Victoria & one of Australia’s fastest growing regional cities – projected 21.65.% population growth by 2036.

+ Rent: $294,000 pa* (As at July 2023, assuming 5% CPI).

To be sold via Investment Portfolio Auction

10:30am AEST Wednesday 10th May 2023

Crown Casino, Melbourne

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3. Property Location

101-103 Mair Street, BALLARAT CENTRAL, VIC, 3350

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101-103 Mair Street, BALLARAT CENTRAL, VIC, 3350 Ballarat Central
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