PROMINENT CORNER INVESTMENT – MORTGAGEE AUCTION

9/1-3 Eastwood Street
Ballarat Central

***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 Sale.

9/1-3 Eastwood Street, Ballarat comprises a single level retail shop prominently positioned at entry to Ballarat Central Shopping Centre offering 2 supermarkets, speciality shops, cafes and restaurants and an abundance of public carparking, featuring the following:

• Current Rental: $12,253*p.a. net
• Term of Lease: 5 years
• Commencement Date: 1 June 2021
• Further Terms: 1 further terms of five (5) years
• Reviews: Annual to CPI plus review to market on commencement of further term
• Building Area: 62sqm*
• Corner position with dual street frontage
• Zoning: Commercial 1

For Mortgagee Sale via Private Treaty.

For further information or to organise an inspection please contact the team at Gross Waddell ICR directly.

Danny Clark

Director - Head of Sales - Partner

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Andrew Greenway

Director - Sales - Partner

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Andrew Waddell

Director - Sales - Partner

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Price

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