Circa 7% Yield Anticipated – Prime Freehold with Huge Exposure to Coles & Woolworths
68-70 Bridge Mall , Ballarat Central VIC
Property Highlights
Description
+Secure 7.5 year lease to November 2026 plus options to 2036
+Nextra Newsagency: successful business on-site 34+ years
+Annual CPI rent reviews
+Investor preferred net lease terms with tenant paying all usual outgoings
+Proven freehold retail building in busy Bridge Mall with irreplaceable exposure to high foot traffic pedestrian crossing
+High profile 544sqm* site with important dual retail frontage
+Desirable inner CBD position directly opposite Coles, Woolworths and 380+ car parks
+Ballarat: booming regional city, forecast 24.43% population growth to 144,108 by 2036
+Net Income: $113,895pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room
*approx.
Property Details