Longstanding ASX Listed Tenant – Suits $900,000 buyers
75-77 Bridge Mall , Ballarat Central VIC
Property Highlights
Description
Renewed 4 year lease to 2022.
Tenant pays all usual outgoings including land tax and insurance.
Radio Rentals: essential household items and technology rental business established in 1937 with 70+ stores nationally – subsidiary of ASX listed Thorn Group Limited.
Annual CPI rent reviews.
Total building area of 282 sqm with 7 metre retail frontage.
Ideally positioned in the middle of famous Bridge Mall, amongst complementary retailers including: Woolworths, Coles, Dan Murphy’s, Big W, Rebel Sport, Best & Less, Reject Shop and over 1,500 car spaces.
Single tenant, minimum management investment.
Ballarat: The capital of Western Victoria & one of Australia’s fastest growing regional centres with projected 19% population growth to 128,000 by 2026.
Rent: $64,527 pa
For Sale by Private Treaty
Property Details
Price
Price on Request