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Freehold Office Investment In Rapidly Growing Regional City

31 Armstrong Street South, BALLARAT CENTRAL VIC, 3350

Sold

Property Sold in 31 Armstrong Street South, BALLARAT CENTRAL VIC, 3350

Listing ID:
11347452
Status:
Sold
Price:
In Room Auction
Last Updated:
26/06/2019
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Property Type

Retail/Offices
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Land Area

193 SQM
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Floor Area

386 SQM
Icon parking

Parking

N/A

Freehold Office Investment In Rapidly Growing Regional City

Ray White Ballarat are proud to present this quality freehold office investment opportunity.
A set and forget investment with a 5 year lease to 2023 plus 2 further 5 year options to 2033 will appeal. Current rent is $61,200pa + GST with annual CPI increases. The tenant pays all usual outgoings including rates and insurance. Previously known as Lillingston & Marshall, now Ballarat Insurance Brokers, the business has been operating in Ballarat for over 40 years. The property is a superb double storey Art Deco style rendered brick building incorporating open plan and separate offices, 2 board rooms and excellent staff amenities. Situated in the heart of Ballarat opposite the Myer and Central Square shopping precinct. Ballarat hase become one of the fastest growing regional centres in Australia with a projected 19% population growth by 2026.

For more details, please email agent


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37 Lydiard Street South, Ballarat, VIC 3350


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