35-37 Sturt Street,
Ballarat Central, VIC 3350
Shops & Retail • Other
Price information
Sold
$2,200,000
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Map of 35-37 Sturt Street
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
- 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
Additional information
External websites
Property ID: 504191895Last Updated: 11 Oct 2023
04396555...
35-37 Sturt Street
Ballarat Central, VIC 3350
RWC - Ballarat37 Lydiard Street South
BALLARAT CENTRAL, VIC 3350
BALLARAT CENTRAL, VIC 3350
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