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.
andbull; Total land area of 949m2 (approximately)
andbull; 2 separately titled properties
andbull; Positioned perfectly on busy Howitt Street
andbull; Good lighting and front of shop exposure
andbull; Front of premises parking for 14 cars + street parking
andbull; Strategically located within a mix of quality medical and retail businesses

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

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