Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street),
Ballarat Central, VIC 3350
Other
Price information
Sale
$8,400,000
Key property information
Land area
Floor area
Property extent
Tenure type
Private inspections
to arrange a private inspection.
Map of Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street)
Train stations within 5 km of Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street), Ballarat Central, VIC 3350 Distance Ballarat Station 626 m Wendouree Station 4 km POWERED BY HERE ©Bus stops within 5 km of Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street), Ballarat Central, VIC 3350 Distance Sturt StDoveton St S 106 m Central Square Scsturt St 134 m Dana St PSDoveton St S 154 m Doveton St/Sturt St (Ballarat Central) 218 m Armstrong St/Sturt St (Ballarat Central) 262 m POWERED BY HERE ©
POWERED BY HERE ©
LAND RICH MULTI-LEVEL CAR PARK INVESTMENT LEASED TO INTERNATIONAL OPERATOR
- FREESTANDING 502 BAY MULTILEVEL CAR PARK
- NEXT TO CENTRAL SQUARE BALLARAT
- 5 YEAR LEASE & $508,867* INCOME P.A.
The property comprises a freestanding, multi deck car park situated in the largest growing city in regional Victoria, with the key details summarised below:
+ Freestanding multi deck car park comprising 502 bays over 12 split levels on an expansive 2,898sqm* landholding
+ Landlord favoured 5 year lease to Care Park, an end-to-end parking service provider, with over 25 years in operation and more than 450 owned and managed car parks across five countries
+ Providing annual income of $508,867*
+ A blue-chip retail investment located within the CBD of one of Victoria’s largest regional towns, with projected population growth to 114,108 by 2036
+ One of the largest structures in the immediate catchment, adjoining Central Square Ballarat with anchor tenants including Target & Myer, and the area’s main dining and retail precinct in Sturt Street
+ Defensive investment asset class, with low operating expenses, increasing demand from commuters and diminishing competition in the car park sector
Contact CBRE for more information:
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Team:
中文普通话咨询物业详情，Jing Jun (JJ) Heng 王敬君
手机： +61 411 059 1...
电子邮件： jj.heng@cbre.com
微信：jheng1206
*Denotes Approx.
+ Freestanding multi deck car park comprising 502 bays over 12 split levels on an expansive 2,898sqm* landholding
+ Landlord favoured 5 year lease to Care Park, an end-to-end parking service provider, with over 25 years in operation and more than 450 owned and managed car parks across five countries
+ Providing annual income of $508,867*
+ A blue-chip retail investment located within the CBD of one of Victoria’s largest regional towns, with projected population growth to 114,108 by 2036
+ One of the largest structures in the immediate catchment, adjoining Central Square Ballarat with anchor tenants including Target & Myer, and the area’s main dining and retail precinct in Sturt Street
+ Defensive investment asset class, with low operating expenses, increasing demand from commuters and diminishing competition in the car park sector
Contact CBRE for more information:
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Team:
中文普通话咨询物业详情，Jing Jun (JJ) Heng 王敬君
手机： +61 411 059 1...
电子邮件： jj.heng@cbre.com
微信：jheng1206
*Denotes Approx.
Property ID: 504227816Last Updated: 1 Apr 2024
Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street)
Ballarat Central, VIC 3350
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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