Share this property
Colliers - Melbourne

Ballarat Lifestyle Centre, 29 Cherry Flat Road Delacombe, VIC 3356


Ballarat Lifestyle Centre, 29 Cherry Flat Road,
Delacombe, VIC 3356

Shops & Retail

Price information


Contact Agent

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Sold on

Colliers - Melbourne
Tim McIntosh

Colliers - Melbourne

Level 30, 367 Collins Street
Colliers - Melbourne
Ballarat Lifestyle Centre, 29 Cherry Flat Road
Delacombe, VIC 3356

Map of Ballarat Lifestyle Centre, 29 Cherry Flat Road


Brand New Fully Leased Large Format Retail Centre - 5.5 Year WALE

  • Secured by 5 national tenants
  • Substantial WALE of 5.5 years
  • Net income of $740,500 per annum*
Stonebridge Property Group and Colliers International are delighted to present for sale Ballarat Lifestyle Centre, a brand new Large Format Retail Centre strategically located in Australia’s fastest growing inland city, secured by five national/chain tenants on net leases.

+ 100% of income secured by national/chain tenants on new net leases

+ Brand new Large Format Retail (LFR) centre offering significant depreciation benefits

+ Strategic 1.17ha* landholding with exposure to Glenelg Highway

+ 5.5km* south-west of Ballarat CBD, Australia’s fastest growing inland city

+ 79% of gross income and GLA are subject to 3% fixed annual reviews

+ Adjoining Bunnings Warehouse and Delacombe Town Centre anchored by Woolworths and Kmart

+ Located within the Ballarat West Growth Area, forecast to grow by an average 6.5% per annum (2020 to 2036)

+ Bolstered by 4.8% average annual LFR spending growth (2021 to 2030)

Deep End Services LFR Market Review, October 2020,biggest% 20of%20any%20inland%20city


Expressions of Interest Closed – Multiple Offers Received

Explore property virtually



Property ID: 503693482Last Updated: 24 Feb 2021

progress tick

Sending email...

Make an enquiry

What's your enquiry about?


Enter your details

Name (required)
Email address (required)
Phone number

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Colliers - Melbourne

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