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High Profile Banking HQ Servicing Western Victoria

1001-1005 Sturt Street, BALLARAT CENTRAL VIC, 3350

Sold

Property Sold in 1001-1005 Sturt Street, BALLARAT CENTRAL VIC, 3350

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11325026
Status:
Sold
Price:
On Request
Last Updated:
26/05/2020
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Property Type

Retail/Offices/Medical/Consulting
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Land Area

1069 SQM
Icon size

Floor Area

1242 SQM
Icon parking

Parking

N/A

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

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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