Premium Former Government Office Facility | Immaculate Fitout To Occupy Or Invest

Burgess Rawson is pleased to offer to the market a landmark, government grade office facility in Wendouree VIC for sale.

+ Modern former government office facility providing opportunity and potential suitability for owner occupiers, well-connected investors and developers.
+ Well-presented 1,503sqm building with immediate access to 46 allocated sealed and lined car-parking spaces.
+ Purpose built for VicRoads to Victorian Government standards.
+ Strategically situated within key commercial precinct teeming with government services, major business and destinational tenants including the Eureka Homemaker Centre, Aldi Supermarket, Amart and Freedom Furniture.
+ 57 metres* of frontage and exposure to Sunraysia Highway, a major arterial linkage servicing 19,400+ vehicles passing each day.**
+ Ideally placed adjacent to Spotlight Ballarat Shopping Centre, anchored by national brands including Petbarn, Supercheap Auto, Repco, BCF, Anaconda, Fantastic + Furniture and Adairs.
+ Just 300 metres from Stockland Wendouree, a triple-anchored shopping centre attracting 4.7 million visitors and generating $205.14 million in sales annually.2
+ Wendouree: services a total trade area of 179,840, forecast to surge 6% by 2026.***
+ City of Ballarat: one of Victoria’s largest inland cities, forecast to grow 21.65% to 142,624 residents by 2036.****

+ Private sale: $6,000,000 – Potential 7% yield
+ Potential rent: $420,000pa + GST + Outgoings

To be sold via Private Sale

*Approx
**Gapmaps
***Stockland
****Forecast.id