Long Established Business – First Time Offered in 52 Years
416 Sturt Street, Ballarat VIC
Property Highlights
Description
Renewed 5 year lease plus further options through to 2031
Camera House – Australia’s largest specialty photographic retail chain established in 1983, now with 65 stores across the nation
Includes established Hair Salon (sub tenant)
Annual rent reviews / Lessee pays all usual outgoings
Prime 435 sqm CBD site, with 12 metres retail frontage
Modern 435 sqm building extensively renovated in 2012
Established photography/camera business since circa 1964
Central amongst national retailers including NAB, Bendigo Bank
Ballarat: Victoria’s largest inland city with trade catchment of 100,000+ and forecast 27% population growth by 2031
Rent: $102,500 pa
Auction 11am AEDT Wednesday 7 December 2016
River Room, Crown Casino, Melbourne
Property Details