Nextra Newsagency, 68-70 Bridge Mall,
Ballarat Central, VIC 3350
Shops & Retail • Medical & Consulting • Offices
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Nextra Newsagency, 68-70 Bridge Mall
Ballarat Central, VIC 3350
Map of Nextra Newsagency, 68-70 Bridge Mall
Circa 7% Yield Anticipated - Prime Freehold with Huge Exposure to Coles & Woolworths
- 7.5 year lease to 2026 plus options
- Proven business on-site 34+ years
- Tenant pays outgoings/ CPI reviews
+Secure 7.5 year lease to November 2026 plus options to 2036
+Nextra Newsagency: successful business on-site 34+ years
+Annual CPI rent reviews
+Investor preferred net lease terms with tenant paying all usual outgoings
+Proven freehold retail building in busy Bridge Mall with irreplaceable exposure to high foot traffic pedestrian crossing
+High profile 544sqm* site with important dual retail frontage
+Desirable inner CBD position directly opposite Coles, Woolworths and 380+ car parks
+Ballarat: booming regional city, forecast 24.43% population growth to 144,108 by 2036
+Net Income: $113,895pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room
*approx.
+Nextra Newsagency: successful business on-site 34+ years
+Annual CPI rent reviews
+Investor preferred net lease terms with tenant paying all usual outgoings
+Proven freehold retail building in busy Bridge Mall with irreplaceable exposure to high foot traffic pedestrian crossing
+High profile 544sqm* site with important dual retail frontage
+Desirable inner CBD position directly opposite Coles, Woolworths and 380+ car parks
+Ballarat: booming regional city, forecast 24.43% population growth to 144,108 by 2036
+Net Income: $113,895pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room
*approx.
Property ID: 504111263Last Updated: 1 Aug 2023
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Colliers - BallaratLevel 2, 210 Sturt Street
BALLARAT CENTRAL, VIC 3350
BALLARAT CENTRAL, VIC 3350
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