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68-70 Bridge Mall
Ballarat Central VIC 3350
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Sold on 4 Aug 2022

68-70 Bridge Mall Ballarat Central VIC 3350

  • Shop & Retail
  • 1 m²
  • Sold

Circa 7% Yield Anticipated - Prime Freehold with Huge Exposure to Coles & Woolworths

    +Secure 7.5 year lease to November 2026 plus options to 2036
    +Nextra Newsagency: successful business on-site 34+ years
    +Annual CPI rent reviews
    +Investor preferred net lease terms with tenant paying all usual outgoings
    +Proven freehold retail building in busy Bridge Mall with irreplaceable exposure to high foot traffic pedestrian crossing
    +High profile 544sqm* site with important dual retail frontage
    +Desirable inner CBD position directly opposite Coles, Woolworths and 380+ car parks
    +Ballarat: booming regional city, forecast 24.43% population growth to 144,108 by 2036
    +Net Income: $113,895pa + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEST) Wednesday 3 August 2022
    Crown Casino - River Room

    *approx.

    AUCTION

    Auction date and time03/08/2022 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold4 Aug 2022
    Floor Area1 m²
    Land Area554 m²
    ParkingAsk Agent
    Property ID2017923957
    Category
    Last updated  5 Aug 2022
    Map for 68-70 Bridge Mall Ballarat Central VIC 3350

    Property Highlights

    Date Sold4 Aug 2022
    Floor Area1 m²
    Land Area554 m²
    ParkingAsk Agent
    Property ID2017923957
    Category
    Last updated  5 Aug 2022

    Co-Agents

    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Shaun Venables
    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865

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