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For Sale

Lot 1/149 Inglis Street,
Ballan 3342, Victoria

1 car space
240m² building size
Other

Property details

READY TO INVEST!

Welcome to the heart of Ballan's dynamic commercial hub! This exceptional property offers a fantastic opportunity for entrepreneurs eager to establish themselves in a thriving community. Ideally located in the heart of Ballan, it is perfectly suited to accommodate a variety of business ventures.

The property features a spacious reception area with a large front window that fills the space with natural light, complemented by a comfortable carpeted waiting area and an ideal setting for business owners seeking a modern, professional environment. There are four generously sized rooms, each with fully carpeted floors, offering the flexibility to be transformed into offices or meeting spaces.

An additional open-plan area provides extra flexibility, complete with a split system air conditioner for year round comfort. The kitchenette, equipped with ample bench space, a sink and room for a fridge, is perfect for staff coffee breaks and light meal preparation.

For added convenience, the property includes a well appointed bathroom with a vanity plus a toilet, ensuring comfort and accessibility for staff.

This versatile space offers the perfect balance of practicality and comfort, making it an ideal choice for businesses looking to thrive in a busy, central location.

* Lot 1/149 Inglis Street is the bottom floor. We are also selling Lot 2/149 Inglis Street separately via realestate.com

Presenting an excellent investment opportunity, this property offers both upstairs and downstairs premises for sale, with leases already secured for both tenancies.

Each tenancy is secured under an initial two-year lease agreement, with a further three-year option thereafter.

The downstairs premises at 1/149 Inglis Street generates an annual rental income of $66,000 including GST, plus outgoings, while the upstairs premises at 2/149 Inglis Street generates $31,500 annually including GST, plus outgoings.

With a combined annual rental income of $97,500 including GST, plus outgoings, this is a fantastic opportunity for investors seeking a commercial property with established lease agreements and long-term income potential.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Inspections

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School catchments

  • St Brigid's School Primary Prep-6 Catholic 0.40km
  • Ballan Primary School Primary Prep-6 Government 0.63km
  • Gordon Primary School Primary Prep-6 Government 10.7km
  • Myrniong Primary School Primary Prep-6 Government 11.0km
  • Mount Egerton Primary School Primary Prep-5 Government 11.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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