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    • About this property
    • Explore Wendouree
    • Dual Property Investor Opportunity

      Property ID 1454855
      Here is a great opportunity for the astute investor or creative entrepreneur to purchase these dual commercial premises in the rapidly developing medical/retail precinct just five minutes from the CBD of Ballarat.
      • 2 separately titled properties
      • Positioned perfectly on busy Howitt Street
      • Strategically located within a mix of quality medical and retail businesses
      • Total land area of 949m2 (approximately)
      • Front of premises parking for 14 cars + street parking
      • Good lighting and front of shop exposure

      SHOP 2:
      • Building area 314m2 and land area 359m2 (approximately)
      • 5 year lease commencing 1st June 2015 with a further 5 year option
      • Current rent $50,415pa + GST & Outgoings
      • Annual CPI increases, market review date 01/06/2020
      • Leased to well respected local retail business
      • Shop comprises retail area and staff amenities
      • Central heating/ Air conditioning throughout

      SHOP 1:
      • Building area 498.87m2 and land area 590m2 (approximately)
      • Well suited and easily adapted for a number of uses including professional services, medical or retail (STCA)
      • Comprises large open adaptable space, offices, staff amenities
      • Central heating/air conditioning throughout
      • Estimated net rental return of $65,000 per annum
    Due diligence checklist - for home and residential property buyers