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Renewed Lease to ASX Listed Tenant – Irreplaceable Position Next To McDonald’s

19 Main Street, Cobram VIC

Property Highlights

Securely leased to September 2023
The Reject Shop: ASX Listed/350 stores
Modern building constructed 2013

Description

Renewed lease to September 2023
The Reject Shop Limited: ASX listed company with market cap $170.27 million and 350 plus stores nationally
Guaranteed growth with fixed annual 3% rent increases
Modern 750 sqm retail showroom constructed 2013
Large 954 sqm landholding with premium Commercial 1 zoning
Strategic town centre location amongst McDonald’s, IGA Supermarket, BWS Liquor, Subway, Major Banks etc
Excellent Tax Saving depreciation benefits
Cobram/Barooga: Important Murray River commercial service centre with 25,000 plus catchment population
Net Rent: $145,313 pa (as at Sept 2018)

For Sale by Private Treaty

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
954 SQM
Building Area
750 SQM

Price

$1,900,000

Contact Agents

Shaun Venables

+610 411 860865

Contact Me

Jamie Perlinger

0413 860 315

Beau Coulter

0413 839 898

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