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224 Ballarat Road Maidstone, VIC 3012

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224 Ballarat Road,
Maidstone, VIC 3012

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Key property information

Land area

Floor area

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$89,989
Number of Tenants
1 Tenant
Tenants / Type
Tico's Group Pty Ltd

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to arrange a private inspection.

Map of 224 Ballarat Road

Directions
  • Train stations within 5 km of 224 Ballarat Road, Maidstone, VIC 3012Distance
    Tottenham Station2 km
    West Footscray Station2.8 km
    Sunshine Railway Station3 km
    Middle Footscray Station3.2 km
    Albion Station3.7 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 224 Ballarat Road, Maidstone, VIC 3012Distance
    50-Williamson Rd/Wests Rd (Maribyrnong)1.6 km
    50-Wests Rd/Williamson Rd (Maribyrnong)1.6 km
    52-River St/Rosamond Rd (Maribyrnong)1.7 km
    49-Central Park Ave/Cordite Ave (Maribyrnong)1.7 km
    49-Highpoint Shopping Centre/Wests Rd (Maribyrnong)1.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 224 Ballarat Road, Maidstone, VIC 3012Distance
    Braybrook Shopping CentreAshley St52 m
    Ashley St/Ballarat Rd (Maidstone)53 m
    Ballarat Rd/Mitchell St (Maidstone)63 m
    Halstead St/Ashley St (Maidstone)210 m
    Ballarat Rd/Churchill Ave (Maidstone)294 m
    POWERED BY HERE ©
POWERED BY HERE ©

HIGH EXPOSURE INVESTMENT TO WELL KNOWN TENANT

  • Zoning: Mixed Use Zone
  • Land Area: 1,044 sqm
  • Net Passing Rent: $89,989.00
Central Commercial Group, in conjunction with Cushman & Wakefield, are pleased to exclusively present 224 Ballarat Road, Maidstone For Sale.

This versatile commercial investment opportunity benefits from a well-established and stable tenant, currently operating in five locations across Melbourne, established in 2011.

The site provides prime main road exposure on one of the busiest intersections in the Western
suburbs, with three street frontage including Ballarat Road, Ashley Street and Mitchell St.


Key Investment Highlights:
- Five (5) year lease in place to highly successful 'Ticos Group’
- Renowned quick service restaurant tenant with multiple locations throughout Melbourne
- Strong rental income of $89,989 per annum net with attractive 4% annual rental increases in
place and further options
- Highly exposed corner location benefitting from huge passing traffic flow from dual street
frontages
- Brand-new recently completed fit-out in place as well as large awning over drive through
area


Site Details:
- Land Area: 1,044sqm*
- Ground floor: 140 sqm*
- Frist floor: 60 sqm*

For further information, or to arrange an inspection, please contact the exclusive selling agents
below:

Agents: Anthony Zulli, Tom Molinaro & Raphael Fava


(*Indicates Approx.)



Disclaimer: All measurements are approximate and the above information is provided by Central Commercial Group and is from sources believed to be reliable but should not be relied upon without verification. Central Commercial Group assume no responsibility for its accuracy and encourage that Purchasers make their own enquiries and where applicable obtain appropriate professional advice as to their particular circumstances.


Property ID: 504626728Last Updated: 29 Sep 2024

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224 Ballarat Road
Maidstone, VIC 3012

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