High Profile & Iconic Corner Investment
1-3 Murphy Street, WANGARATTA VIC
Description
Secure 5 year lease with options to Oct 2033.
Fixed 3% annual rent increases plus market reviews.
Tenant pays all usual outgoings.
Prominent 300 sqm site with dual frontage at the gateway to Murphy Street, Wangaratta's retail precinct.
Capital intensive tenant fit-out.
Hollywoods Café: Licensed Restaurant/Café with seating capacity of 160 patrons, successfully operating from the premises since 1991.
Wangaratta: 230kms north-east of Melbourne with a total trade population of 95,645 (Source 2006 and 2011 Census).
Rent: $78,537 (October 2014).
Auction 11am AEDT Wednesday 29 October, River Room, Crown Casino.
Fixed 3% annual rent increases plus market reviews.
Tenant pays all usual outgoings.
Prominent 300 sqm site with dual frontage at the gateway to Murphy Street, Wangaratta's retail precinct.
Capital intensive tenant fit-out.
Hollywoods Café: Licensed Restaurant/Café with seating capacity of 160 patrons, successfully operating from the premises since 1991.
Wangaratta: 230kms north-east of Melbourne with a total trade population of 95,645 (Source 2006 and 2011 Census).
Rent: $78,537 (October 2014).
Auction 11am AEDT Wednesday 29 October, River Room, Crown Casino.
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Cafe
Building Area
300 SQM
Contact Agent