2 Old Creswick RoadWendouree

$1,500,000

2,645m2

Sought after asset with ideal positioning, and long term tenant

Positioned in one of Ballarat’s most tightly held industrial precincts, 2 Old Creswick Road, Wendouree presents a high-quality investment opportunity backed by a secure, long-standing tenant. Set on an expansive allotment of approximately 2,645 square metres, the property offers scale, functionality, and strong underlying land value in a proven industrial location. The improvements are substantial and well-designed, featuring a warehouse of approximately 36 metres by 16 metres, complemented by a generous office component of approximately 9 metres by 18 metres. The site also provides excellent access and manoeuvrability, making it ideal for a wide range of industrial uses. From an investment perspective, this is where the opportunity truly stands out. There’s a new lease on a 3 x 3 x 3 year basis to the established existing business, returning $93,181 + GST per annum, providing immediate income security and long-term stability. With a yield of approximately 6.5%, this represents an attractive return in a tightly held and consistently performing market. Strategically located on Old Creswick Road, the property benefits from strong exposure and direct connectivity to the Western Highway, ensuring ongoing tenant demand and long-term growth prospects. Whether you’re looking to secure a set-and-forget investment or add a quality industrial asset to your portfolio, 2 Old Creswick Road, Wendouree delivers on all fronts. For further information or to arrange your inspection, contact us today.

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