Presenting an ideal first commercial investment or modest addition to your current portfolio, this location may well have the best combination of both drive-by and pedestrian traffic in Ballarat. With the two major Supermarkets in this precinct, there are numerous specialty shops, car parking, central transport inter-change and shopping mall close by, along with residential properties within close walking distance.
Currently leased within a 5-year term with a further 5-year option, the property yields over 5% p.a. with annual indexing of the lease. The current business is well known and well established in the community and has been for many years.
Call Tim today to arrange an inspection or obtain further details