Bank of Australia, 327 Sturt Street,
Ballarat Central, VIC 3350
Shops & Retail • Offices • Other
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$2,150,000
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RWC - Ballarat
37 Lydiard Street SouthBALLARAT CENTRAL, VIC 3350
Bank of Australia, 327 Sturt Street
Ballarat Central, VIC 3350
Map of Bank of Australia, 327 Sturt Street
High Profile CBD Freehold Investment | Booming Residential Growth Location
- Anchored by Bank Australia
- Tenant pays all usual outs
- 50% stamp duty savings
Secure 2.32-year WALE plus options to 2027 and 2031.
Bank Australia: Australia’s first customer-owned bank, with $8.5 billion in total assets and generating $40.7 million in net profit annually.**
Melbourne City Institute of Education: leader in providing outcomes-focused quality vocational education programs for both international and domestic students.***
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.
Outstanding 620 sqm* 2 level building in Ballarat CBD with prized Commercial 1 Zoning (C1Z).
Exposure to Sturt Street and Midland Highway, two major arterial roads servicing over 21,000 vehicles daily.****
Neighbouring the Central Square Shopping Centre, anchored by Myer and Target, complemented by over 40 specialty stores.
Coles, Woolworths, ALDI, Big W, Bunnings, Officeworks, Rebel, JB Hi-Fi, Dan Murphy’s, Harris Scarfe, McDonald’s, Hungry Jack’s and KFC all within 1.5km.*
Surrounded by important social infrastructure, including 14 schools within 3km servicing over 7,000 full time students.****
City of Ballarat: One of Victoria’s largest inland cities, the City of Ballarat generates $16.1 billion in annual economic output with an estimated 48,443 jobs in the area.*****
The value of building approvals in the City of Ballarat has grown 48% to $812 million between FY2020 to FY2022.*****
Ballarat: By 2036, population forecast to grow 24% to over 144,000.******
Geographical significance of the area evident through ongoing government funded development projects; to be completed by 2027, the $546 million. Ballarat Base Hospital Redevelopment will allow the facility to treat an additional 32,500+ patients each year *******
Potential 50% stamp duty savings.
Net Income: $156,883 pa + GST.*
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 14 September 2022
Crown Casino - River Room
*Approximately
** Bank Australia
*** MCIE
**** Gapmaps
*****Remplan
****** Forecast.id
****** VIC Gov
Bank Australia: Australia’s first customer-owned bank, with $8.5 billion in total assets and generating $40.7 million in net profit annually.**
Melbourne City Institute of Education: leader in providing outcomes-focused quality vocational education programs for both international and domestic students.***
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.
Outstanding 620 sqm* 2 level building in Ballarat CBD with prized Commercial 1 Zoning (C1Z).
Exposure to Sturt Street and Midland Highway, two major arterial roads servicing over 21,000 vehicles daily.****
Neighbouring the Central Square Shopping Centre, anchored by Myer and Target, complemented by over 40 specialty stores.
Coles, Woolworths, ALDI, Big W, Bunnings, Officeworks, Rebel, JB Hi-Fi, Dan Murphy’s, Harris Scarfe, McDonald’s, Hungry Jack’s and KFC all within 1.5km.*
Surrounded by important social infrastructure, including 14 schools within 3km servicing over 7,000 full time students.****
City of Ballarat: One of Victoria’s largest inland cities, the City of Ballarat generates $16.1 billion in annual economic output with an estimated 48,443 jobs in the area.*****
The value of building approvals in the City of Ballarat has grown 48% to $812 million between FY2020 to FY2022.*****
Ballarat: By 2036, population forecast to grow 24% to over 144,000.******
Geographical significance of the area evident through ongoing government funded development projects; to be completed by 2027, the $546 million. Ballarat Base Hospital Redevelopment will allow the facility to treat an additional 32,500+ patients each year *******
Potential 50% stamp duty savings.
Net Income: $156,883 pa + GST.*
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 14 September 2022
Crown Casino - River Room
*Approximately
** Bank Australia
*** MCIE
**** Gapmaps
*****Remplan
****** Forecast.id
****** VIC Gov
Property ID: 504136191Last Updated: 17 Aug 2023
RWC - Ballarat37 Lydiard Street South
BALLARAT CENTRAL, VIC 3350
BALLARAT CENTRAL, VIC 3350
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MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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