Renewed 10 Year Lease To Federation University Australia

Renewed 10 year lease to 2026 + 10 year option through to 2036
Federation University: 7 campuses across Australia & Malaysia with circa 23,000 students and growing
Large 1,554 sqm site – 21 secure under cover car spaces
Purpose built & easily managed (by University) 862 sqm building incorporating 14 units – mixture of one, two, three and four bedrooms
Easy future subdivision potential – separately metered (STCA)
Central between University Ballarat’s CBD & Sovereign Hill
Excellent tax depreciation benefits/Fixed 2% rent increases
Ballarat: Victoria’s largest inland city with trade catchment of 100,000+ and forecast 27% population growth by 2031
Net rent: $155,801 pa approx (as at May 2017)

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne