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Secure 5 Year Lease to Long Term Tenant- Fixed 4% Annual ...

5-7/107 Bridge Mall, BALLARAT CENTRAL VIC, 3350

Sold

Property Sold in 5-7/107 Bridge Mall, BALLARAT CENTRAL VIC, 3350

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11353361
Status:
Sold
Price:
$625,000
Last Updated:
22/05/2020
Icon building

Property Type

Retail/Offices/Retail
Icon square

Land Area

N/A
Icon size

Floor Area

350 SQM
Icon parking

Parking

N/A

Secure 5 Year Lease to Long Term Tenant- Fixed 4% Annual Rent Increases

5 year lease to 2022 plus option to 2027
Fixed 4% annual rent increases assuring rental growth
Tenant pays all usual outgoings as per lease
Crazy Asian Restaurant: Popular long running restaurant with loyal local customer base
Prominent part two story building with dual access
Located within Ballarat’s key food retail precinct, recently approved $15 million in upgrade works
Ballarat: The capital of Western Victoria & one of Australia’s fastest growing regional centres with projected 19% population growth by 2026
Net Income: $46,335 pa + GST

For Sale by Private Treaty

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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