Petrol station in a prime position
This is an investment opportunity not to be missed. Colliers International, together with Burgess Rawson, are excited to offer 110 Humffray Street South for sale via a public auction.
110 Humffray Street South boasts a secure 6 + 6 year lease through to December 2030 to Woolworths/EG Group.
The 1004 square metre, commercial 1 corner site has approximately 46 metres of frontage to both Humffray Street South and Eastwood Street, and is returning in excess of $50,000 per annum, plus GST. With annual CPI reviews, this is an affordable, secure investment.
Located on the cusp of the Ballarat CBD, this prime corner property is located strategically to capture traffic from Federation University, in addition to the burgeoning suburbs of Canadian, Ballarat East and Mount Pleasant.
With limited services stations located within the immediate vicinity, this investment opportunity has plenty of upsides.
This affordable investment opportunity will be sold on Wednesday, September 18 from 11am in the River Room, Crown Casino, Southbank, Melbourne.
Originally published in the Courier Mail