![]() Asset Class: | Industrial |
![]() Price: | $ 3600000 |
![]() Net Yield: | 5.90 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Off Market |
<p class="mb-4">Unlock a rare opportunity to secure a premium industrial investment in Ballarat’s high-growth Alfredton precinct. Purpose-built in 2021, this modern industrial facility is anchored by Australian Grain Systems -an established national tenant - on a secure 7-year lease generating a strong net annual return of $213,437. With CPI-linked increases and two further 5-year options in place, this asset delivers long-term income certainty and enduring value.</p><p class="mb-4">Offered at a purchase price of $3.6 million, the asset reflects a compelling 5.9% yield, underpinned by a rent rate currently sitting at the lower end of market benchmarks - offering potential for rental uplift at lease renewal in 2029.</p><p class="mb-4">Strategically located just 4km from Ballarat’s CBD within the Industrial 1 Zone (IN1Z), the property offers exceptional connectivity and growth prospects in one of Victoria’s fastest-expanding regional cities. Investors will benefit from the tax efficiencies of a near-new 2021 build, along with a <strong>50% stamp duty concession</strong> exclusive to regional commercial acquisitions.</p><p class="mb-4">This is a true set-and-forget investment: the tenant covers most outgoings, and no immediate capital expenditure is required. With rising regional demand, embedded rental growth, and robust tenant commitment, this asset stands out as a high-performing addition to any commercial portfolio.</p>
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<p class="mb-4">Situated in Alfredton, just 4km west of Ballarat's CBD, this property enjoys an enviable position in one of Victoria's fastest-growing regional cities. Ballarat is Victoria's third-largest city with a population of approximately 118,000 and a Gross Regional Product of $7.44 billion.</p><p class="mb-4">Once defined by its gold mining heritage, Ballarat has transformed into a diverse and thriving regional economy driven by healthcare, education, construction, and manufacturing. The city serves as a key economic hub in Western Victoria, attracting businesses and residents seeking to escape Melbourne's congestion while maintaining strong connectivity.</p><p class="mb-4">Located 110km northwest of Melbourne, Ballarat benefits from excellent transport links via the Western Freeway and V/Line train services, making commuting and business connections seamless. This strategic positioning has driven strong population growth and increasing commercial development throughout the region.</p><p class="mb-4">The property is situated in Alfredton's growing industrial hub, benefiting from surrounding business infrastructure and excellent access. The area's Industrial 1 Zoning provides operational flexibility, making this an ideal location for businesses requiring warehouse and manufacturing facilities.</p>
Additional Location Information File<p class="mb-4"><strong>Tenant Profile: Australian Grain Systems (AGS) / Edmonds Engineering</strong></p><p class="mb-4">Engineering Strength at the Core of Australia's Agricultural Economy</p><p class="mb-4"><br><strong>Overview</strong><br><br>Australian Grain Systems (trading as <strong>Edmonds Engineering</strong>) is a long-standing, privately owned engineering firm with over <strong>35 years of experience</strong> in the agricultural infrastructure sector. Specializing in the design, manufacture, and commissioning of seed grading, grain handling, and processing systems, AGS plays a crucial role in enhancing the productivity and efficiency of Australia’s grain supply chain.</p><p class="mb-4">Industry Context<br>AGS operates in the agribusiness engineering sector, a cornerstone of Australia’s economy. Grain is one of the country's largest agricultural exports, and the infrastructure required to clean, treat, move, and store this commodity is mission-critical. This industry is both resilient and essential, supported by strong demand from domestic food producers and global trade partners.</p><p class="mb-4">As climate variability, food security, and export demands continue to shape the agricultural landscape, the need for high-performance, customized grain handling systems has never been greater. AGS answers this need with advanced, tailored engineering solutions—from mobile seed graders to large-scale silo and conveyor systems.</p><p class="mb-4">Technical Excellence & Innovation<br>AGS is known for its technical capabilities and custom manufacturing. It produces:</p><ul class="bullet-list"><li><p class="mb-4">Mobile and stationary seed graders</p></li><li><p class="mb-4">Grain screens and conveyors</p></li><li><p class="mb-4">Treatment systems for grain and seed</p></li><li><p class="mb-4">Large-capacity bulk handling equipment</p></li></ul><p class="mb-4">The company has delivered significant infrastructure projects, including 250-tonne-per-hour stockfeed plants and what is believed to be one of the largest mobile seed graders in the world. These projects highlight its engineering depth and its value to industrial-scale agribusiness clients.</p><p class="mb-4">Reputation & Leadership<br>Owned and operated by Andrew John Holloway, AGS is guided by industry experience, engineering know-how, and a strong commitment to innovation. Its decades-long track record and project portfolio have earned it a trusted reputation in a sector where reliability and technical precision are paramount.</p><p class="mb-4"><br>Why AGS Stands Out as a Tenant</p><ul class="bullet-list"><li><p class="mb-4">Long-standing, technically proficient business in a recession-resilient sector</p></li><li><p class="mb-4">Embedded in a high-demand industry essential to both domestic supply and global trade</p></li><li><p class="mb-4">Custom operations and infrastructure, underscoring permanence and specialization</p></li><li><p class="mb-4">Trusted by large-scale agricultural and industrial clients for turnkey engineering solutions</p></li></ul>
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<p class="mb-4"><strong>Purchase Price:</strong> $3.6m</p><p class="mb-4">Rent /<strong> Rent net:</strong> $222,000 / <strong>$213,437 </strong>(after July 2025 increase)<br><br><strong>Tenant </strong>Australian Grain Systems<br><strong>Net Rent </strong>$222,000 + GST (from July 2025)<br><strong>Lease Term </strong>7 years<br><strong>Lease Start </strong>1 July 2022<br><strong>Lease Expiry </strong>30 June 2029<br><strong>WALE (July 2025) </strong>4 years<br><strong>Annual Increases </strong>CPI increases annually<br><strong>Market Review </strong>At option<br><strong>Security </strong>Bond of $40,000<br><strong>Options </strong>2 × 5 years<br><strong>Lease Type </strong>Net<br><strong>Outgoings </strong>By tenant - except Property Management ($7,063) & Land Tax ($1,500)</p><p class="mb-4"></p>
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<p class="mb-4"><strong>Address | Total NLA | Rent $/m2 </strong><br><br><strong>21 Basil Way, Alfredton | ~1800m2 | $118/m2</strong><br>2 Basil Way, Alfredton | 1598m2 | $94/m2 <br>133 Learmonth Street, Alfredton | 1988m2 | $146/m2 <br>4/42 Paddys Drive, Delacombe | 296 sqm | $145/sqm <br>6/27 Laidlaw Drive, Delacombe | 250 sqm | $114/sqm <br>3/422 Sutton Street, Delacombe | 445 sqm | $157/sqm <br>33 Grandlee Drive, Wendouree | 1503m2 | $145/m2 <br>908 Latrobe Street, Delacombe | 895m2 | $143/m2 <br>1111 Howitt Street, Wendouree | 620m2 | $455/m2 <br>998 Norman Street, Wendouree | 302m2 | $187/m2 <br>316 Dowling Street, Wendouree | 763m2 | $147/m2</p>
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<ul class="bullet-list"><li><p class="mb-4"><strong>Set & Forget type investment</strong> with secure 7-year lease (till 2029) to established tenant Australian Grain Systems - with two further 5-year options providing potential tenancy until 2037.</p></li><li><p class="mb-4">Modern 2021 construction providing <strong>significant depreciation benefits</strong></p></li><li><p class="mb-4">Annual CPI increases between + market rent review at option</p></li><li><p class="mb-4">Strategic location just <strong>4km from Ballarat CBD</strong> in established industrial precinct</p></li><li><p class="mb-4">Modern warehouse/office facility with 5-tonne capacity crane</p></li><li><p class="mb-4"><strong>Potential 50% stamp duty concession for regional investment - Upfront saving of $107,000</strong></p></li><li><p class="mb-4">Industrial 1 Zone (IN1Z) offering flexibility and future development potential</p></li><li><p class="mb-4">Low maintenance investment with no immediate capital expenditure required</p></li><li><p class="mb-4">Ample on-site parking and excellent truck access</p></li></ul>