JLL Retail Investments has the exclusive privilege of offering for sale Woolworths Ballarat located at 1203-1205 Howitt Street, Wendouree, VIC, 3355. Situated in the City of Ballarat, Victoria's largest inland city, this property is strategically positioned only 5.5km away from the Ballarat CBD. Further, the property provides an exceptional opportunity to acquire a strong performing freestanding Woolworths Supermarket with a rare net lease. Additionally, the supermarket is situated on a significant 6,394sqm* landholding on the homeward bound side of Howitt Street, benefiting from 20,000* vehicles passing daily. Key details of the opportunity include: + 100% leased to Australias largest supermarket Woolworths Group + Secure 20-year lease to 2030 with attractive 10-year options + Extremely rare net lease with Woolworths paying all outgoings including land tax + Significant 6,394sqm* Commercial 1 Zone (C1Z) site with at-grade parking for 116 cars (5.34 car spaces per 100sqm of GLA) + Potential 50% stamp duty savings + Strategic location in Ballarat Victorias largest inland City *Approx. Woolworths Ballarat is For Sale by Expressions of Interest closing Thursday 5th June 2024 at 4pm (AEST) To obtain further information or to arrange an inspection, please contact the exclusive selling agent. Jarrod Herscu | 0418 155 062Stuart Taylor | 0428 000 000Tom Noonan | 0402 319 698MingXuan Li | 0498 688 99820 year lease expiring 2030 plus 2 x 10 year options Rare net lease with tenant paying all outgoings (including land tax) Significant 6,394 sqm* C1Z landholding with 116* car parks on title
The size of Wendouree is approximately 9.6 square kilometres. It has 23 parks covering nearly 12.5% of total area. The population of Wendouree in 2016 was 10445 people. By 2021 the population was 10376 showing a population decline of 0.7% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation.In 2021, 53.40% of the homes in Wendouree were owner-occupied compared with 56.60% in 2016.
Wendouree has 6,661 properties. Over the last 5 years, Houses in Wendouree have seen a 33.60% increase in median value, while Units have seen a 35.97% increase. As at 31 March 2026:
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