OUR PORTFOLIO
Ballarat Home
Location
321-333 Gillies Street, Wendouree, VICLocated within Victoria’s third largest city, Ballarat Home sits on a 5.2 hectare site with 300 metres of main road frontage and opposite Stockland’s sub-regional shopping centre.
The catchment area population has a growth rate of 1.7% per annum, close to double the average of regional Victoria. Ballarat Home has been established for 14 years and remains the only dedicated LFR centre in the catchment.
15
TOTAL TENANTS
571
CAR SPACES
93%
NATIONAL RETAILERS
20,000
GLA (M2)
KEY STATISTICS
| Ownership Interest | 100% |
|---|---|
| WALE (yrs) | 4.1 |
| Occupancy (by GLA) | 100% |
| Site Area | 52,000m2 |
| Gross Lettable Area (GLA) | 20,000m2 |
| Number of Retailers | 15 |
| Car Park Spaces | 571 |
| Valuation | $43,000,000 |
|---|---|
| Valuation Date | 30-06-2019 |
| Valuation Type | Independent |
| Capitalisation Rate | 7.50% |
| Total Catchment Population | 138,644 |
| Zoning | LFR |
| Major Retailers | Spotlight, Anaconda, Fantastic Furniture and Baby Bunting |
Ballarat Home
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Development Updates
The development pipeline is a key component of the Aventus portfolio enhancement strategy, focusing on year one returns.
Leasing Opportunities
We are always looking to expand, reposition and revitalise our properties, to add value to tenants and lift the shopping experience.