SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

High Profile Banking HQ Servicing Western Victoria

1001-1005 Sturt Street, Ballarat Central VIC

Property Highlights

NAB Occupied Since 2004

Tenant Pays All Outgoings Inc Land Tax

Prominent CBD Corner In Financial Hub

Description

Renewed lease to 2023 plus options to 2032
Purpose built for NAB in 2004, major refit by NAB in 2016
Minimum 3% pa rent increases & periodic market reviews
NAB’s retail & business banking headquarters for Western Victoria
Attractive lease: Tenant pays all usual outgoings including land tax
Quality well maintained 1,242 sqm two storey building
20 secure on-title car spaces including 6 undercover
Significant income tax saving depreciation benefits
Prominent CBD corner position within growing financial hub servicing Ballarat and Western Victoria, amongst CBA, ANZ etc
Ballarat: growing population of 105,438 (June 2017), the capital of Western Victoria with a primary catchment estimated at 250,000 people
Rent: $347,055 pa (as at January 2019)

Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Land Size
1,069 SQM
Gross Building Area
1,242 SQM

Contact Agents

Scott Meighan

0413 830 709

Jamie Perlinger

0413 860 315

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