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Sold on 12 Dec 2018

1001-1005 Sturt Street Ballarat Central VIC 3350

  • Retail
  • 1,242 m²
  • Sold

High Profile Banking HQ Servicing Western Victoria

Renewed lease to 2023 plus options to 2032
Purpose built for NAB in 2004, major refit by NAB in 2016
Minimum 3% pa rent increases & periodic market reviews
NAB’s retail & business banking headquarters for Western Victoria
Attractive lease: Tenant pays all usual outgoings including land tax
Quality well maintained 1,242 sqm two storey building
20 secure on-title car spaces including 6 undercover
Significant income tax saving depreciation benefits
Prominent CBD corner position within growing financial hub servicing Ballarat and Western Victoria, amongst CBA, ANZ etc
Ballarat: growing population of 105,438 (June 2017), the capital of Western Victoria with a primary catchment estimated at 250,000 people
Rent: $347,055 pa (as at January 2019)

Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne

Property Highlights

Property ID2014765937
Date Sold12 Dec 2018
Floor Area1,242 m²
Land Area1,069 m²
EnergyAsk Agent
ParkingAsk Agent
Last updated  13 Dec 2018
Map for 1001-1005 Sturt Street Ballarat Central VIC 3350
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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