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Auction - 60 Bridge Street Mall, BALLARAT CENTRAL, VIC 3350

Investment (), Retail

National Retailer On New Lease With 3% Increases

Auction: 28/02/2018 12:00:00 PM

Property ID: 10282 Price: Contact Agent Building: 298m²

Property Description

Long established sitting tenant (10+ years) and now on renewed 3 + 3 year lease from 1 February 2018 to 31 January 2024
Certainty of fixed 3% rent increases
Tenant pays usual outgoings and GST as per lease
Heart of Ballarat, neighbouring Coles, Woolworths, Dan Murphy’s, Reject Shop, Best and Less plus banks and specialty retailers
Substantial Commercial 1 site of 180 sqm with wide north facing 6.04 metre frontage plus a second frontage to Little Bridge Street
Opposite major public car park
Ballarat: A major regional city, 110km from Melbourne with a growing population of 103,407 (June 2016)
Rent: $50,000 pa plus GST

Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne


Name Naber's Building Land Rent (p.a.) Price
Total N/A 298m2 N/A N/A Contact Agent

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