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Ballarat CBD Investment Around 7% Yield

426 Sturt Street, BALLARAT CENTRAL VIC, 3350

Sold

Property Sold in 426 Sturt Street, BALLARAT CENTRAL VIC, 3350

Listing ID:
11364758
Status:
Sold
Price:
$875,000 - $925,000
Last Updated:
02/12/2019
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Property Type

Retail
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Land Area

222 SQM
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Floor Area

232 SQM
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Parking

4

Ballarat CBD Investment Around 7% Yield

Located in a prized Ballarat CBD block in the main commercial thoroughfare this attractive fully leased property offers a terrific yield for investors. The ground and first floors are separately leased to quality businesses and each has Sturt Street access. The ground floor is occupied by RAMS Home Loans whilst the first floor is occupied by photography franchise MSP Photography. The property currently returns approximately $63,540pa with the tenants also paying outgoings. The site has an area of approximately 222sqm and accommodates 4 car parks on site with rear lane access. With interest rates continuing to fall, high yielding investment properties are becoming more scarce by the day. 426 Sturt Street offers the opportunity to lock in a great return in central Ballarat with a bricks and mortar investment.

For more details, please email agent


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Ray White Ballarat

37 Lydiard Street South, Ballarat, VIC 3350


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