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

22 Peel Street North

Ballarat, VIC 3350

Property Highlights

Date Sold	7 Feb 2023
Sold Price	$2,200,000
Floor Area	1,250 m²
Land Area	416 m²
Parking	Ask Agent
Property ID	2018163486
Category	Shop & Retail Other
Last updated	7 Feb 2023

Map for 35-37 Sturt Street Ballarat Central VIC 3350

Nearest transport* to 35-37 Sturt Street Ballarat Central VIC 3350

Bus

Train

Tram

Ferry

Old Post Office/Sturt St (Ballarat Central)	126 m
Armstrong St/Sturt St (Ballarat Central)	244 m
Little Bridge St Interchange/Little Bridge St (Ballarat Central)	246 m
Curtis Street Interchange/Curtis St (Ballarat Central)	325 m

*Within a 4km radius

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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.

Ray White Ballarat

22 Peel Street North

Ballarat, VIC 3350

Property Highlights

Date Sold	7 Feb 2023
Sold Price	$2,200,000
Floor Area	1,250 m²
Land Area	416 m²
Parking	Ask Agent
Property ID	2018163486
Category	Shop & Retail Other
Last updated	7 Feb 2023

Listed by

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.