Superb Retail Corner – Anchored by Westpac since 1980
302-306 Sturt Street, BALLARAT VIC
Description
Four long term tenants including Westpac, The Tax Shop, Sheridan Factory Outlet plus first floor residence.
Westpac Limited: 2nd largest ASX listed company with a market cap rate of $99.65B (November 2015).
Sheridan est. 1967 - 374 outlets nationally, Tax Shop est. 1990 - 24 stores nationally.
Annual rent increases / Tenants pay usual outgoings as per leases.
Prime 1,140 sqm CBD retail corner site, with dual frontage totalling 68 metres plus ROW lane access.
Modern recently upgraded 1,484 sqm building over two levels.
Absolute premier Ballarat CBD location opposite Myer & Town Hall.
Ballarat: Victoria's second largest inland city, trade catchment 100,000+ with forecast population growth of 29% by 2031.
Rent: $375,412 pa (Jan 2016 approx).
Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.
Westpac Limited: 2nd largest ASX listed company with a market cap rate of $99.65B (November 2015).
Sheridan est. 1967 - 374 outlets nationally, Tax Shop est. 1990 - 24 stores nationally.
Annual rent increases / Tenants pay usual outgoings as per leases.
Prime 1,140 sqm CBD retail corner site, with dual frontage totalling 68 metres plus ROW lane access.
Modern recently upgraded 1,484 sqm building over two levels.
Absolute premier Ballarat CBD location opposite Myer & Town Hall.
Ballarat: Victoria's second largest inland city, trade catchment 100,000+ with forecast population growth of 29% by 2031.
Rent: $375,412 pa (Jan 2016 approx).
Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Land Size
1,140 SQM
Building Area
1,484 SQM