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Colliers - Melbourne

302-306 Sturt Street Ballarat Central, VIC 3350

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302-306 Sturt Street,
Ballarat Central, VIC 3350

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Colliers - Melbourne

Colliers - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000
03 9629 88...
Colliers - Melbourne
302-306 Sturt Street
Ballarat Central, VIC 3350

Map of 302-306 Sturt Street

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MULTI TENANTED BANK INVESTMENT

  • Anchored by ASX Listed – Westpac
  • Four (4) Separate Tenancies
  • New Long-Term Lease
Colliers International is pleased to offer for sale 302-306 Sturt Street (Corner Sturt and Armstrong Street), Ballarat.

- Fully tenanted with four (4) separate tenancies returning approximately $414,049 p.a.*
- ASX listed tenant - Westpac who have been in occupation for over 40 years and make up 75% of the income
- Central location in the heart of the Ballarat CBD
- Ballarat is Victoria’s third largest regional town
- High profile corner frontage of 69m* to Sturt Street and Armstrong Street
- Located approximately 200 metres from the currently under construction GovHub and other major developments
- Commercial 1 Zone

302-306 Sturt Street, Ballarat is situated on the prime north western corner of Sturt Street and Armstrong Street facing the Ballarat Town Hall and Myer.
Ballarat offers a unique mix of location, services and lifestyle and is ready to facilitate investment from existing and future businesses.

*Approximate

For Sale: $6,400,000 with a 6.47% yield and a newly signed 5 year lease

For further information or to arrange an inspection of the property please contact exclusive selling agents Colliers International.

Property ID: 503695662Last Updated: 23 Aug 2023

Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
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