Objectomschrijving
JLL Retail Investments has the exclusive privilege of offering for sale Woolworths Ballarat located at 1203-1205 Howitt Street, Wendouree, VIC, 3355. Situated in the City of Ballarat, Victoria's largest inland city, this property is strategically positioned only 5.5km away from the Ballarat CBD.
Further, the property provides an exceptional opportunity to acquire a strong performing freestanding Woolworths Supermarket with a rare net lease. Additionally, the supermarket is situated on a significant 6,394sqm* landholding on the homeward bound side of Howitt Street, benefiting from 20,000* vehicles passing daily.
Key details of the opportunity include:
+ 100% leased to Australia’s largest supermarket – Woolworths Group
+ Secure 20-year lease to 2030 with attractive 10-year options
+ Extremely rare net lease with Woolworths paying all outgoings including land tax
+ Significant 6,394sqm* Commercial 1 Zone (C1Z) site with at-grade parking for 116 cars (5.34 car spaces per 100sqm of GLA)
+ Potential 50% stamp duty savings
+ Strategic location in Ballarat – Victoria’s largest inland City
*Approx.
Woolworths Ballarat is For Sale by Expressions of Interest closing Thursday 5th June 2024 at 4pm (AEST)
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Jarrod Herscu | 0418 155 062
Stuart Taylor | 0428 000 000
Tom Noonan | 0402 319 698
MingXuan Li 李名轩 | 0498 688 998
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Investeringskenmerken
20 year lease expiring 2030 plus 2 x 10 year options
Rare net lease with tenant paying all outgoings (including land tax)
Significant 6,394 sqm* C1Z landholding with 116* car parks on title
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