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JB Hi-Fi, 24-26 Mair Street
Ballarat Central VIC 3350
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Sold on 11 Oct 2023

JB Hi-Fi, 24-26 Mair Street Ballarat Central VIC 3350

  • Shop & Retail
  • 1,500 m²
  • Sold

ASX Tenanted Investment on Prime CBD Triple Fronted Landholding

  • Blue Chip ASX Tenanted Investment
  • Triple Fronted CBD Landholding
  • Tenant Pays Outgoings incl. Land Tax*

Stonebridge National Investment Sales is pleased to present JB Hi-Fi Ballarat for sale via National Portfolio Expressions of Interest closing Wednesday 1st November 2023 at 3pm.

The key highlights of the opportunity include:

- Highly strategic CBD landholding adjoining Big W, Dan Murphy's, Kathmandu and The Good Guys, all serviced by over 1,500 car parks

- 2,744 sqm* Commercial 1 Zoned site which includes 36 car parks on-title and 210 metres* of valuable street frontage

- Fully leased to JB Hi-Fi, an ASX listed powerhouse tenant that generated total revenue of $9.24bn in 2022^

- JB Hi-Fi currently has over 13,000 employees and 300 stores globally, making it one of the largest electrical retailers in the world

- High quality building after undergoing major $3million+ upgrade and extension in 2022

- Recently renewed 6 year net lease with market review in 2028, followed by 1 further term of 5 years

- One of JB Hi-Fi's best performing regional stores in the country, evidenced by the 20+ year trading history

- Ideally positioned to capitalise on the major population growth in the region which has seen significant public and private investment in Ballarat generally and this precinct specifically

- All usual outgoings including land tax paid by tenant

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Rorey James
0439 400 081

Kevin Tong
0422 848 818

*Approximately
^Source: IbisWorld

Property Code: 762

Property Highlights

Date Sold11 Oct 2023
Floor Area1,500 m²
Land Area2,744 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2018797716
Category
Last updated  13 Nov 2023
Map for JB Hi-Fi, 24-26 Mair Street Ballarat Central VIC 3350

Property Highlights

Date Sold11 Oct 2023
Floor Area1,500 m²
Land Area2,744 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2018797716
Category
Last updated  13 Nov 2023

Co-Agents

Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081
Kevin Tong 汤聪瑜
Stonebridge Property Group VIC
Call
+61 422 848 818

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