Colliers Ballarat is delighted to offer for sale on behalf of our valued private clients 507 Main Road. Pizza Hut has been trading from this iconic location since 1998 and have a secure 3 year lease in place with options through to 2034. Don't miss your opportunity to secure this landmark investment opposite Sovereign Hill and close to the Ballarat's CBD and Federation University.
- Total building area of 118sqm* with a total land area of 305sqm* plus crown land lease of 164sqm*
- NET income of $35,926.07* per annum
- Securely leased to Pizza Hut on a 3 year term
- Options to September 2034
- Favourable CPI annual reviews, market reviews upon uptake of options
- Pizza Hut, the largest global pizza chain with over 12,000 Restaurants and Delivery Units worldwide, including approximately 270 stores across Australia.
- Located opposite the national tourism attraction, Sovereign Hill and close to Federation University and Ballarat CBD.
For sale via auction Friday 1 December 2023 at 12noon on-site.
For further information, please contact Colliers agents Lauchlan Waddell on 0407 520 725, James Lawson on 0488 167 173 or Charles Kennedy on 0431 914 778.
*Approximately.