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68-70 Bridge Mall, BALLARAT CENTRAL, VIC, 3350

2. Property Highlights

Circa 7% Yield Anticipated - Prime Freehold with Huge Exposure to Coles & Woolworths
  • 7.5 year lease to 2026 plus options
  • Proven business on-site 34+ years
  • Tenant pays outgoings/ CPI reviews

+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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3. Property Location

68-70 Bridge Mall, BALLARAT CENTRAL, VIC, 3350

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4. Due Diligence

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68-70 Bridge Mall, BALLARAT CENTRAL, VIC, 3350 Ballarat Central
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