- 302-306 Sturt Street, Ballarat Central
- 1584 square metres
- Auction: Friday December 11 2020, on-site at 12pm
- Agency: Colliers International
- Agent: Daniel Wolman on 0412 957 839
- Inspect: By appointment
This extremely well located property in the heart of the Ballarat consists of four separate tenancies, including ASX-listed Westpac, who have occupied the building for more than 40 years and contributes over 75 per cent of the income. Other tenants include Sheridan, The Tax Shop and a residential apartment.
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Westpac bank is the largest of the four tenancies and comprises the whole corner of the building, including the majority of Level 1, and has just renewed a long term lease. The balance of Level 1 comprises of a one bedroom, one bathroom residential apartment.
The Sheridan showroom is a clear span retail space with roller shutter door access from the rear lane, while The Tax Shop tenancy is a fully fitted office. Each tenancy is separated by solid intertenancy walls. The total land area of the property is approximately 1140 square metres, with the total building area approx. 1584 square metres.
Located on a high profile corner, the property is surrounded by the Armstrong Street food precinct, opposite Ballarat Town Hall and close to the train station.