Share this property

realcommercial.com.au

918 Latrobe Street Delacombe, VIC 3356

Directions

918 Latrobe Street,
Delacombe, VIC 3356

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

Map of 918 Latrobe Street

Directions

Dual Investment With Potential

Comprising one title with 2 tenancies, this property is perfectly positioned in one of Ballarat’s most rapidly developing precincts, providing massive exposure to a high volume of passing traffic.
The property comprises two separate buildings of approximately 223m2 each, both currently leased and returning $33,800pa + GST & Outgoings in total. The Latrobe Street shed has a retail space, warehouse offices and amenities. It has a 3 year lease from August 2016 and there is a further 3 year option. The tenant pays all outgoings and rent is increased annually by CPI. The second tenancy at the rear fronting Park Street is leased for warehouse purposes. It is subject to a 2 year lease from November 2016 at and there are 3 further 2 year options. The tenant pays all outgoings and the rent is increased annually by CPI. This is a great investment opportunity in this fast growing precinct on the doorstep of the Ballarat West Growth Corridor. Zoned “Mixed Use”.

Delacombe, 3356 demographic data

The median household income for Delacombe is $1,339, 3% lower than Regional Victoria's household income of $1,386. Delacombe has a younger age profile compared to the rest of Regional Victoria (median age 39 vs 43). Property ownership data shows 50% of property owners in Delacombe have a mortgage.

5,408
Population
$1,339 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
(03) 5333 44...
realcommercial.com.au logo
918 Latrobe Street
Delacombe, VIC 3356
RWC - Ballarat
22 Peel Street North
BALLARAT CENTRAL, VIC 3350

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.