1/287-309 Ballarat Road, Footscray, Vic 3011

POINT OF INTEREST:

Turn a corner on your portfolio success with a stand-out corner showroom investment directly on Ballarat Road. There’s over 14 m* of double-sided frontage, marketing to 40,000 passing vehicles daily. The corner showroom and retail space has had a long-term tenant in Zoom Fitness, they’re paying $70,143 per annum to occupy the 309 sqm* space for the foreseeable. Rear access via the laneway makes deliveries and pick-ups simple, while the CBD connectivity through the Citylink, Dynon Road, or the West Gate Freeway does an equally great job. You’re down the road from the Footscray hospital and medical precinct, Victoria University’s Footscray Campus, and surrounded by the west’s best schooling  — making this pocket the perfect city-fringe investment regardless of the tenant.

- Leased to Terry Zaras ATF Zaras Trust trading as Zoom Fitness.
- $70,143 per annum plus outgoings and GST in leasing income.
- 3-year term commenced 1st July 2023 plus 2 further terms of 3 years with 3% annual increases.
- 309 sqm* total building area.
- Mixed use zoning.
- 14 m* frontage to Ballarat Road.
- 40,000* approximate passing vehicles daily.
- Rear access via laneway.
- 15-minute* drive to the CBD.


POINT OF VIEW:

The 309 sqm* on paper doesn’t do the ground floor retail space in practice, and the corner prominence in front of Ballarat Road makes the entire package a western standout investment.



*Approx.
Pricing excludes GST