Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street),
Ballarat Central, VIC 3350

Other

Price information

Sale

$8,400,000

Key property information

Land area

Floor area

Property extent

Tenure type

Private inspections

to arrange a private inspection.

Map of Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street)

Directions

Train stations within 5 km of Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street), Ballarat Central, VIC 3350	Distance
Ballarat Station	626 m
V Line	3.3 km
Wendouree Station	4 km

Tram stops within 5 km of Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street), Ballarat Central, VIC 3350 Distance
Ballarat Train Station 628 m
POWERED BY HERE ©

Bus stops within 5 km of Central Square Car Park, Central Square Car Park 25 Doveton Street South (Cnr Dana Street), Ballarat Central, VIC 3350	Distance
Sturt StDoveton St S	115 m
Central Square Scsturt St	134 m
Dana St PSDoveton St S	154 m
Old Post Office/Lydiard St N (Ballarat Central)	206 m
Doveton St/Sturt St (Ballarat Central)	218 m

LAND RICH MULTI-LEVEL CAR PARK INVESTMENT LEASED TO INTERNATIONAL OPERATOR

FREESTANDING 502 BAY MULTILEVEL CAR PARK
NEXT TO CENTRAL SQUARE BALLARAT
5 YEAR LEASE & $508,867* INCOME P.A.

The property comprises a freestanding, multi deck car park situated in the largest growing city in regional Victoria, with the key details summarised below:

+ Freestanding multi deck car park comprising 502 bays over 12 split levels on an expansive 2,898sqm* landholding

+ Landlord favoured 5 year lease to Care Park, an end-to-end parking service provider, with over 25 years in operation and more than 450 owned and managed car parks across five countries

+ Providing annual income of $508,867*

+ A blue-chip retail investment located within the CBD of one of Victoria’s largest regional towns, with projected population growth to 114,108 by 2036

+ One of the largest structures in the immediate catchment, adjoining Central Square Ballarat with anchor tenants including Target & Myer, and the area’s main dining and retail precinct in Sturt Street

+ Defensive investment asset class, with low operating expenses, increasing demand from commuters and diminishing competition in the car park sector

Contact CBRE for more information:

Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

CBRE Asian Services Team:
中文普通话咨询物业详情，Jing Jun (JJ) Heng 王敬君
手机： +61 411 059 1...
电子邮件： jj.heng@cbre.com
微信：jheng1206

*Denotes Approx.

Property ID: 504227816Last Updated: 8 Dec 2024