Jaycar- National Tenant -10 Year Net Lease to 2033

Description

CBRE is pleased to present to the market a quality freehold Jaycar leased investment, located at 31-35 Mair Street East, Ballarat Central VIC, for sale via Private Treaty.

This opportunity has the following key investment highlights:

+ Ten (10) year net lease to 2033 plus further Five (5) year option extending to 2043
+ Jaycar: leading multi-national retail and automotive electronics company with 130+ locations across Australia and New Zealand¹
+ Attractive 3.5% fixed annual rental increases, ensuring compounding income growth
+ Landlord friendly lease terms, with the tenant responsible for majority of outgoings including council rates, water rates, insurances, but excluding land tax (single holding basis) as per the lease
+ Prime 752sqm* freehold site positioned in Ballarat Central’s commercial precinct,
+ Important 10 on-title car spaces
+ Strategic positioning in Ballarat Central’s commercial precinct in close proximity to national tenants JB Hi-Fi, Big W, PetStock, Dan Murphy’s, Coles, Woolworths and McDonald’s, as well as Ballarat Train Station
+ City of Ballarat: Victoria’s largest inland centre with population forecast to grow by 29% to 164,365 by 2046²
+ Easily managed single tenant investment
+ Potential 50% Stamp Duty savings
+ Net Income: $136,235 pa* + GST

To be sold via Private Treaty

Please contact the exclusively appointed sales team for more information

*Approx
1 Jaycar
2 Forecast.id

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Contact agents
Kieran Bourke Senior Director
0417 418 007
Raoul Holderhead Senior Director
0413 860 304
Rick Jacobson Senior Negotiator
0413 830 083
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Ballarat Central, VIC

31-35 Mair Street East

For Sale

This property is part of Portfolio 183

Price: Contact Agent

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