Stonebridge Property Group is delighted to present for sale Ballarat Lifestyle Centre, a brand new Large Format Retail Centre strategically located in Australia’s fastest growing inland city, secured by five national/chain tenants on net leases.
+ 100% of income secured by national/chain tenants on new net leases
+ Brand new Large Format Retail (LFR) centre offering significant depreciation benefits
+ Strategic 1.17ha* landholding with exposure to Glenelg Highway
+ 5.5km* south-west of Ballarat CBD, Australia’s fastest growing inland city
+ 79% of gross income and GLA are subject to 3% fixed annual reviews
+ Adjoining Bunnings Warehouse and Delacombe Town Centre anchored by Woolworths and Kmart
+ Located within the Ballarat West Growth area, forecast to grow by an average 6.5% per annum (2020 to 2036)
+ Bolstered by 4.8% average annual LFR spending growth (2021 to 2030)
Ballarat Lifestyle Centre is for sale by Expressions of Interest (EOI) closing 2:00pm (AEDT) on Thursday, 3 December 2020.
To obtain further information or to arrange an inspection, please contact our team.