Renewed 5 Year Lease to Major Healthcare Group | Position Perfect Between Bunnings & Officeworks

Description

Burgess Rawson from CBRE, together with Colliers International Ballarat are delighted to present to market the Independent Living facility at 206 Creswick Road (Midland Hwy), Ballarat Central VIC for sale by Auction on Wednesday 10th December at the Crown Casino in Melbourne.

+ Renewed 5 year lease to June 2029 plus option to 2034.
+ Fixed 3% annual rent increases.
+ Landlord favourable net lease terms with tenant paying all usual outgoings as per the lease.
+ Independent Living Specialists: Australia’s #1 retailer for mobility & rehab equipment, 50+ locations and growing.
+ Independent Living Specialists: our motto ‘Movement is a Medicine for creating change in person’s Physical, Emotional and Mental State’.
+ Absolute position perfect Hwy location, central between Bunnings & Officeworks and close to Ballarat Base Hospital.
+ 1,310sqm* freehold site with on site parking and dual access including rear loading (ROW).
+ Commercial 1 & Industrial 1 zoning.
+ Immaculate and versatile 702sqm* tilt slab building with mezzanine constructed 2009
+ 21,210 vehicles passing daily**
+ Ballarat: capital of Western Victoria, population forecast to surge 32% to 164,365 by 2046***
+ Ballarat: Geographical significance of the area evident through ongoing government funded development projects; to be completed by 2027, the $655 million. Ballarat Base Hospital Redevelopment will allow the facility to treat an additional 32,500+ patients each year ****
+ Potential 50% stamp duty saving.
+ Net Income: $138,020pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 10th December 2025
Crown Casino, Melbourne

* Approx
** GapMaps
*** Forecast.id
**** VIC Gov

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Contact agents
Beau Coulter Partner
0413 839 898
Raoul Holderhead Partner
0413 860 304
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Ballarat Central, VIC

206 Creswick Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 181

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