Sold

35-37 Sturt Street,
Ballarat Central 3350, Victoria

416m² land size
1,250m² building size
Retail

$2,200,000


Property details

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

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.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Ballarat Primary School (Dana Street) Primary Prep-6 Government 0.51km
  • Ballarat Clarendon College - Second Campus Combined Independent 0.85km
  • St Patrick's School Primary Prep-6 Catholic 1.1km
  • Macarthur Street Primary School Primary Prep-6 Government 1.3km
  • St Alipius' Parish School Primary Prep-6 Catholic 1.3km

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

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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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