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Sold on 28 Feb 2018

2/315-317 Sturt Street Ballarat Central VIC 3350

  • Retail
  • 77 m²
  • Sold

Affordable Retail Investment With Long-standing Tenant

Renewed lease to March 2020 plus option.
GAZMAN: Highly successful family business established in 1974 with a growing network of 70 stores nationally.
Fixed 3.5% annual rent increases.
Tenant pays all usual outgoings.
Well-presented retail shop with quality tenant fit-out.
Strategic high profile location neighbouring and well supported by the Target and Myer anchored Central Square Shopping Centre.
Ballarat: Victoria’s second largest inland city with trade catchment 100,000+ and a forecasted Victorian hotspot in 2018.
Rent: $51,750 pa (March 2018).

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

Property Highlights

Property ID2014148213
Date Sold28 Feb 2018
Floor Area77 m²
Land AreaAsk Agent
ParkingAsk Agent
Last updated  1 Mar 2018
Map for 2/315-317 Sturt Street Ballarat Central VIC 3350
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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