 Asset Class: | Industrial |
 Price: | $ 5000000 |
 Net Yield: | 5.79 % |
Net Yield - including solar strategy: | % |
 Property Market Status: |
<b>A true set-and-forget investment</b><span style="font-weight:normal;">, 133 & 133A Learmonth Street, Alfredton offers secure, long-term income from </span><b>national tenants</b><span style="font-weight:normal;"> CNW Electrical and Samios Plumbing Supplies, both on 5-year leases with 5-year options.</span><br><span style="font-weight:normal;">Built in 2022, the near-new showroom and warehouse facility requires no short to medium term capital expenditure, providing investors with peace of mind and reliable cash flow. Generating a true net income of $</span><span style="color:rgb(214, 201, 173);background-color:rgb(8, 31, 47);"><b>289,719</b></span><span style="font-weight:normal;"> p.a., the property is ideally positioned just </span><b>4km from Ballarat CBD</b><span style="font-weight:normal;"> in a thriving industrial precinct.</span><br><span style="font-weight:normal;">Further strengthened by substantial depreciation benefits and a 50% stamp duty concession (saving $152,500), this is an exceptionally</span><b> low-maintenance asset in one of Victoria’s fastest-growing regional markets</b><span style="font-weight:normal;">.</span>
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Ballarat is Victoria’s <b>third-largest city</b>, with a growing <b>population of approximately 118,000</b> and a <b>Gross Regional Product (GRP) of $7.44 billion</b>. Once defined by its gold mining heritage, Ballarat has transformed into a diverse regional economy, driven by health, education, construction, and manufacturing, positioning itself as a key economic hub in Western Victoria.<br><br><b>Key Industries Driving Ballarat’s Economy</b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Health Care & Social Assistance</span></p></li></ul>Ballarat’s largest employment sector, supported by Ballarat Base Hospital, St John of God Hospital, and growing aged care and allied health services.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Education & Training</span></p></li></ul>Home to Federation University Australia and multiple leading secondary schools, Ballarat is a key education and research centre, attracting students and professionals from across the region.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Construction</span></p></li></ul>A major driver of economic growth, underpinned by population expansion and government-backed infrastructure projects, including the Ballarat Line Upgrade and regional housing development.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Manufacturing</span></p></li></ul>Ballarat supports over 300 manufacturing businesses, with specialties in food production, engineering, and advanced manufacturing, bolstered by industrial zones such as Ballarat West Employment Zone (BWEZ).<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tourism & Hospitality</span></p></li></ul>A popular regional tourism destination, driven by Sovereign Hill, Lake Wendouree, and a thriving arts, culture, and events scene, attracting over 2.5 million visitors annually.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Retail Trade</span></p></li></ul>Ballarat’s growing population supports a strong retail sector, with major shopping hubs like Stockland Wendouree and Bridge Mall, alongside thriving local businesses.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Agribusiness & Food Production</span></p></li></ul>Surrounded by rich agricultural land, Ballarat is a key processing and logistics hub for Victoria’s agricultural exports, with a growing focus on premium produce and food innovation.<br><br><br><b>Proximity to Melbourne & Regional Connectivity</b><br><br>Located just 110 km northwest of Melbourne, Ballarat benefits from direct access to the state’s capital, fostering strong economic, business, and infrastructure links.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Transport Links & Commuter Access</span></p></li></ul>Ballarat is well-connected to Melbourne via the Western Freeway and V/Line train services, making commuting and business travel seamless.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Growing Workforce Mobility</span></p></li></ul>Ballarat’s affordable lifestyle and job opportunities attract skilled professionals and young families, while some residents commute to Melbourne, enhancing workforce flexibility.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Business & Industry Synergies</span></p></li></ul>Businesses in Ballarat benefit from access to Melbourne’s supply chains and markets, with local industrial zones like BWEZ supporting logistics and manufacturing growth.<br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Property & Lifestyle Appeal</span></p></li></ul>Ballarat offers a more affordable property market compared to Melbourne, with strong rental demand and increasing property values, making it an attractive option for investors.<br>Lifestyle benefits such as heritage architecture, parks, and a vibrant arts scene contribute to Ballarat’s growing popularity as a regional living hub.<br><br>Ballarat is rapidly emerging as a regional powerhouse—offering the stability of established industries, proximity to Melbourne, and a growing population base—creating long-term demand for industrial, retail, and commercial property investment.
Additional Location Information File<b>BGW Group</b> is a family-owned Australian enterprise specializing in the wholesale distribution of electrical and plumbing materials. Founded in 1938, the company has expanded its operations to include a diverse range of services, such as energy-saving solutions, maintenance and repair services, and technology solutions. Headquartered in Pinkenba, Queensland, BGW Group employs over 1000 professionals across Australia, serving various industries including construction, mining, oil and gas, and real estate. The group's portfolio comprises several well-established brands, notably <b>CNW Electrical Wholesale</b> and <b>Samios Plumbing Supplies</b>, which operate extensive branch networks nationwide. BGW Group's commitment to quality products and exceptional service has solidified its reputation as a reliable partner in the Australian industrial landscape.<br><br><br><b>Tenant Profile 1: CNW Electrical Wholesale</b><br><br>Established: 1952<br>Branches: Over 60 locations across Australia<br>Employees: More than 600 nationwide<br>Website: <a style="color:rgb(51, 51, 51);display:inline;" target="_blank" href="http://shop.cnw.com.au/"><u>shop.cnw.com.au</u></a><br><br>CNW Electrical Wholesale is a 100% Australian-owned and family-operated business, specializing in the distribution of high-quality electrical products and services. Founded in 1952 in East Brisbane by Cameron, Nielsen, and Walters, CNW has expanded its footprint to over 60 branches nationwide, becoming one of Australia's largest independent electrical wholesalers.<br><br>National Network & Presence: CNW's extensive branch network spans all Australian states and territories, ensuring comprehensive coverage and accessibility for customers across the country. This strategic presence enables CNW to effectively serve a diverse clientele, including local and international customers, with a wide range of electrical products and solutions. <br><br>Stability & Demand: As a key player in the electrical wholesale industry, CNW benefits from the consistent demand for electrical products across various sectors, including construction, infrastructure, and energy. Their commitment to sourcing goods from Australian-based manufacturers and suppliers, when possible, underscores their dedication to supporting local businesses and the economy. <br><br>CNW's long-standing history, expansive operations, and experienced workforce highlight its stability in the market. The ongoing need for electrical supplies, driven by continuous development and maintenance across multiple industries, positions CNW as a reliable and enduring partner in the electrical wholesale sector.<br><br><span style="color:rgb(51, 51, 51);"><b>Tenant Profile 2: </b></span><b>Samios Plumbing Supplies</b><br><br>Established: 1947<br>Branches: 37 locations across Australia<br>Employees: 200 – 500 nationally<br>Website: <a style="color:rgb(51, 51, 51);display:inline;" target="_blank" href="http://shop.samios.net.au/"><u>shop.samios.net.au</u></a><br><br>Samios Plumbing Supplies is a trusted Australian-owned wholesale supplier of plumbing products, servicing the construction, trade, and maintenance sectors for over 75 years. The company is part of the Essential Services Industries, ensuring resilient, long-term demand for its products.<br><br>Samios operates 37 branches across all states and territories, including key locations in Victoria (Ballarat, Geelong, Melbourne), Queensland, New South Wales, Tasmania, South Australia, Western Australia, and the Northern Territory.<br><br>The Ballarat branch at 133A Learmonth Street is part of this robust national network, reflecting Samios’ commitment to servicing regional growth markets like Ballarat.<br><br>Stability & Demand:<br>Samios’ essential product offering, deep trade relationships, and nationwide presence underpin its reliability as a long-term tenant, while ongoing construction and infrastructure activity continue to drive demand for plumbing supplies across Australia.
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Address | Total NLA | Rent $/m2 133 Learmonth Street, Alfredton | 1988m2 | $146/m2 33 Grandlee Drive, Wendouree | 1503m2 | $145/m2 814 Latrobe Street, Delacombe | 1700m2 | $174/m2 908 Latrobe Street, Delacombe | 895m2 | $143/m2 76-80 Learmonth Road, Wendouree | 5645m2 | $122+ /m2 19 Leopold Street, Alfredton | 580m2 | $337/m2 1111 Howitt Street, Wendouree | 620m2 | $455/m2 998 Norman Street, Wendouree | 302m2 | $187/m2 316 Dowling Street, Wendouree | 763m2 | $147/m2
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Land Area: </b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">3,341 sqm</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Gross Lettable Area (GLA):</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> 1,988 sqm</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Street Frontage:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Strong exposure along Learmonth Street with easy truck access</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Zoning:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Industrial 1 Zone (IN1Z), supporting a range of industrial and trade-related uses</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Hardstand & Parking:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Secure rear hardstand yard + approximately 10 customer car parks at the front</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Recent Construction:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Built in </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>2022</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, providing </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>strong depreciation benefits</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> for investors.</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Prime Location:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Situated </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>just 4km from Ballarat CBD</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, offering easy access to the city centre and key arterial routes.</span></p></li></ul><br><br><b>Financial Metrics</b><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Purchase Price:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> $5,000,000</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Total Rent /</span><span style="color:rgb(51, 51, 51);font-style:normal;"><b> Rent Net:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> $305,049 / </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>$289,719</b></span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Yield / </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Yield Net:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> 6.10% / </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>5.79%</b></span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Purchase Rate (on GLA):</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> $2,515/sqm</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Purchase Rate (on Land):</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> $1,496/sqm</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Rent / sqm (on GLA):</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> $146/sqm</span></p></li></ul><br><br><b>Investment Highlights</b><br><br><b>Secure Holding Income – 5-Year Leases with 5-Year Options</b><br>A nationally branded, dual-tenant asset generating $291,074 true net p.a., underpinned <span style="font-weight:normal;">by long-term 5-year leases with 5-year options to CNW Electrical and Samios Plumbing Supplies, ensuring</span> <b>stability and income growth</b>.<br><br><b>Essential Service Tenants</b><br>Both tenants supply the construction, trade, and industrial sectors – <b>resilient, high-demand industries</b> in the <b>fast-growing Ballarat region</b>.<br><br><b>Strategic Industrial Location Close to Ballarat CBD</b><br>Located in<span style="font-weight:normal;"> Alfredton’s established industrial precinct, just </span><b>4km from the Ballarat CBD</b><span style="font-weight:normal;">, the property is surrounded by national occupiers and benefits from strong connectivity to Ballarat’s growing population and infrastructure investment.</span><br><br><b>Significant Depreciation Benefits</b><br>The<span style="font-weight:normal;"> 2022 construction unlocks substantial tax depreciation advantages, enhancing investor cash flow and overall net returns.</span><br><br><b>Renewables Opportunity</b><br>💡 <span style="font-weight:normal;">Potential for Rethink Renewables Integration</span><br><span style="font-weight:normal;">Introduce solar and battery storage solutions to capitalize on the site’s large roof area and high energy demand, reducing tenant operational costs and enhancing investor yield.</span><br><br><b>50% Stamp Duty Concession</b><br><span style="font-weight:normal;">Investors acquiring assets in this region may benefit from a potential 50% reduction in stamp duty</span>, offering <span style="font-weight:normal;">an estimated </span><b>upfront saving of $152,500</b>.
