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725 Sturt Street Ballarat Central, VIC 3350

Sold for $615,000 on 24 Aug 2020
  • Building: 226m²
  • Land: 190m²
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Retail in Ballarat Central

CBD Commercial Investment In Vibrant Block

  • Building: 226m²
  • Land: 190m²

The well positioned commercial investment is leased to a long standing business showing a current return $32,000pa with the tenant also responsible for rates. The first floor space extends partially above the ground floor shop and is currently not accessed. Accommodation includes salon areas, store and staff amenities whilst parking is available at the rear. With continuing low bank investment interest rates, well leased commercial property offers a viable option for higher returns and the appeal of a bricks and mortar investment.

Building:

226m²

Land:

190m² / 0.04 acres

Zone:

C1

725 Sturt Street, Ballarat Central, VIC 3350