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302-306 Sturt Street Ballarat Central VIC 3350

  • Offices
  • 1,584 m²
  • Commercial Auction

MULTI TENANTED BANK INVESTMENT

  • Anchored by ASX Listed – Westpac
  • Four (4) Separate Tenancies
  • New Long-Term Lease

Colliers International is pleased to offer for sale 302-306 Sturt Street (Corner Sturt and Armstrong Street), Ballarat.

- Fully tenanted with four (4) separate tenancies returning approximately $414,049 p.a.*
- ASX listed tenant - Westpac who have been in occupation for over 40 years and make up 75% of the income
- Westpac have been in occupation for over 40 year
- Central location in the heart of the Ballarat CBD
- Ballarat is Victorias third largest regional town
- High profile corner frontage of 69m* to Sturt Street and Armstrong Street
- Located approximately 200 metres from the currently under construction GovHub and other major developments
- Commercial 1 Zone

302-306 Sturt Street, Ballarat is situated on the prime north western corner of Sturt Street and Armstrong Street facing the Ballarat Town Hall and Myer.
Ballarat offers a unique mix of location, services and lifestyle and is ready to facilitate investment from existing and future businesses.

*Approximate

For Sale by Public On-Site Auction on Friday 11 December at 12pm (AEDT)

For further information or to arrange an inspection of the property please contact exclusive selling agents Colliers International.

Daniel Wolman | +61 412 957 839
Andrew Lewis | +61 418 508 908
George Davies | +61 421 799 489
Edward Tansey | +61 492 892 101

Auction date and time11/12/2020 12:00
Auction location302-306 Sturt Street, Ballarat Central VIC

Property Highlights

Property ID2016604329
Floor Area1,584 m²
Land Area1,140 m²
EnergyAsk Agent
ParkingOn street parking
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  16 Nov 2020
Map for 302-306 Sturt Street Ballarat Central VIC 3350
Map for 302-306 Sturt Street Ballarat Central VIC 3350302-306 Sturt Street Ballarat Central VIC 3350
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