SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Affordable Retail Investment With Long-standing Tenant

2/315-317 Sturt Street, Ballarat Central VIC

Property Highlights

Renewed lease to March 2020 + option
Fixed 3.5% annual rent increases
GAZMAN: 70 Stores Australia wide

Description

Renewed lease to March 2020 plus option.
GAZMAN: Highly successful family business established in 1974 with a growing network of 70 stores nationally.
Fixed 3.5% annual rent increases.
Tenant pays all usual outgoings.
Well-presented retail shop with quality tenant fit-out.
Strategic high profile location neighbouring and well supported by the Target and Myer anchored Central Square Shopping Centre.
Ballarat: Victoria’s second largest inland city with trade catchment 100,000+ and a forecasted Victorian hotspot in 2018.
Rent: $51,750 pa (March 2018).

Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
77 SQM

Contact Agent

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