Bendigo Bank – One of Ballarat’s Finest
1302 Sturt Street, Ballarat VIC
Property Highlights
Secure 5 yr lease plus options to 2025
Fixed rent increases - assuring growth
ASX Listed tenant - Market cap $5.1B
Description
Secure 5 year lease plus 5 year option through to 2025.
Bendigo Bank – leading ASX listed company Market Cap $5.1Billion.
Fixed 2% increases – assuring rental growth.
Lessee pays all usual outgoings including Land Tax.
Large 464 sqm corner site, with dual frontage totalling 45 metres.
Modern versatile 395 sqm building with capital intensive tenant fit-out.
Established branch since 2005, strategic position close to Pleasant Park Shopping Centre – Supa IGA, Pharmacy, Bakery etc.
Ballarat: Victoria’s largest inland city with trade catchment of 100,000+ and forecast 27% population growth by 2031.
Rent: $105,105 pa.
Auction 11am AEDT Wednesday 7 December 2016
River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Land Size
464 SQM
Building Area
395 SQM