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  • Sold
Brand New and Fully Leased Retail Centre - 5.5 Year Wale - #1
Brand New and Fully Leased Retail Centre - 5.5 Year Wale - #2
Brand New and Fully Leased Retail Centre - 5.5 Year Wale - #3
Brand New and Fully Leased Retail Centre - 5.5 Year Wale - #4
Brand New and Fully Leased Retail Centre - 5.5 Year Wale - #5
Brand New and Fully Leased Retail Centre - 5.5 Year Wale - #6
Brand New and Fully Leased Retail Centre - 5.5 Year Wale - #7
Brand New and Fully Leased Retail Centre - 5.5 Year Wale - #8

For Sale

Expressions of Interest closing 3rd Dec 2020 Colliers International
Colliers International and Stonebridge Property Group are 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)

*approx

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 the exclusive selling agents Colliers International and Stonebridge Property Group.
  • 15/02/2021
  • Contact our experts for details on this transaction