CBD CAFÉ INVESTMENT – MORTGAGEE AUCTION
417-419 Sturt Street
Ballarat Central
256.00m2
Retail
**SOLD**
Gross Waddell ICR is delighted to bring to market 5 outstanding properties forming our Ballarat Retail Portfolio. All located in the heart of Ballarat's CBD the properties are offered on an individual basis via Mortgage Auction.
417 - 419 Sturt Street, Ballarat comprises an attractive Victorian era shop and dwelling located within a vibrant precinct with rear access to Leechs Lane, featuring the following:
• Current Rental: $39,848*p.a. net
• Term of Lease: 5 years
• Commencement Date: 1 June 2021
• Further Terms: 3 x further terms of Five (5) years
• Reviews: Annual to CPI plus Market Reviews at commencement of further terms
• Building Area: 256sqm*
• Land Area: 158sqm*
• Zoning: Commercial 1
For sale via Mortgagee Auction to be held on Wednesday 13th December from 11.30am at Mercure Hotel Ballarat – 613 Main Road.
For further information or to organise a inspection please contact the team at Gross Waddell ICR directly.
*approx
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