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Retail in Ballarat Central
High Profile CBD Investment - National Tenant Grill'd
- Building: 1,250m²
- Land: 416m²
- Total rent of $141,000* + GST
- Ground Floor leased to anchor tenant Grill'd until April 2025 with further options to 2031
- First floor and second floor leased to On Track Fitness until June 2024 with further option to 2034
- Strong and certain rental growth with annual, compounding CPI rent reviews
- Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings excluding Land Tax.
- Tenants pay outgoings, as per the lease
- High level of internal fit out - mostly paid by tenant
City of Ballarat: One of Victoria's largest inland cities
- CBD location amongst other successful businesses
- Potential 50% stamp duty savings
^Lift is not in operation
*Approximately
Building:
1,250m²
Land:
416m² / 0.1 acres
Zone:
C1
Tenancy:
Vacant
Categories:
Retail, Other
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