Secure 5 Year Lease to Long Term Tenant- Fixed 4% Annual Rent Increases
5-7/107 Bridge Mall , Ballarat Central VIC
Property Highlights
5 year lease to 2022 + options to 2027
Fixed 4% annual rent increases
Tenant pays all usual outgoings
Description
5 year lease to 2022 plus option to 2027
Fixed 4% annual rent increases assuring rental growth
Tenant pays all usual outgoings as per lease
Crazy Asian Restaurant: Popular long running restaurant with loyal local customer base
Prominent part two story building with dual access
Located within Ballarat’s key food retail precinct, recently approved $15 million in upgrade works
Ballarat: The capital of Western Victoria & one of Australia’s fastest growing regional centres with projected 19% population growth by 2026
Net Income: $46,335 pa + GST
For Sale by Private Treaty
Property Details
Listing
Sale
Current Tenant
Tenanted
Building Area
350 SQM