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35-37 Sturt Street
Ballarat Central VIC 3350
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Sold on 7 Feb 2023

35-37 Sturt Street Ballarat Central VIC 3350

  • Shop & Retail
  • 1,250 m²
  • Sold, $2,200,000

High Profile CBD Investment - National Tenant Grill'd

- Total rent of $141,000* + GST
- Ground Floor leased to anchor tenant Grill'd until April 2025 with further options to 2031
- First floor and second floor leased to On Track Fitness until June 2024 with further option to 2034
- Strong and certain rental growth with annual, compounding CPI rent reviews
- Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings excluding Land Tax.
- Tenants pay outgoings, as per the lease
- High level of internal fit out - mostly paid by tenant
City of Ballarat: One of Victoria's largest inland cities
- CBD location amongst other successful businesses
- Potential 50% stamp duty savings

^Lift is not in operation
*Approximately

Ray White Ballarat
Ray White Ballarat
22 Peel Street North
Ballarat, VIC 3350

Property Highlights

Date Sold7 Feb 2023
Sold Price$2,200,000
Floor Area1,250 m²
Land Area416 m²
ParkingAsk Agent
Property ID2018163486
Category
Last updated  7 Feb 2023
Map for 35-37 Sturt Street Ballarat Central VIC 3350
Ray White Ballarat
Ray White Ballarat
22 Peel Street North
Ballarat, VIC 3350

Property Highlights

Date Sold7 Feb 2023
Sold Price$2,200,000
Floor Area1,250 m²
Land Area416 m²
ParkingAsk Agent
Property ID2018163486
Category
Last updated  7 Feb 2023

Listed by

Sam Borner
Sam Borner
Ray White Ballarat
Call
0439 655 509

More about 35-37 Sturt Street Ballarat Central VIC 3350

35-37 Sturt Street Ballarat Central VIC 3350 is categorized as Shop & Retail Property. It has a floor area of 1,250 m² and a land area of 416 m². The listing ID for this property is 2018163486.

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