- 307a Dana Street, Ballarat Central
- Price: $1.3 million
- Agent: Charles Kennedy, Colliers International Ballarat, on 0431 914 778
- Inspect: By appointment only
Located at the top of the Dana Street hill, this is a premium central location. In the thick of arguably Ballarat’s favourite shopping precinct, Central Square and its attractions, Myer, Target, and food court, is directly opposite.
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It is close to Federation University campus, and in the heart of the professional business and council precinct.
Currently the home of Snap Fitness, the rent on the building returns $79,081 per annum with fixed four per cent annual increases.
Signed for the next five years, national tenant, Snap Fitness, has a further five year option to stay giving a continuous inhabitant until potentially 2022.
With the health industry alive and well, Snap Fitness is Ballarat’s only convenient 24-seven gym in the CBD.
A substantial fit out has been completed to accommodate the current business and it works well in the open plan 425 square metre building on offer.
Snap Fitness has retro-fitted the building using modern design and colours. There is an office, storage space, staff room, toilets, change rooms and three shower facilities for gym goers.
If a long term investment strategy is your plan this is the perfect property and position for just about any business.
Zoned commercial one, the clear span internal construction makes it ideal for retail, hospitality, health and well-being industries or even offices.
In a busy area, this building has visibility with a frontage of over 12-metres and presents a rare opportunity to own a commercial building in the centre of town.
