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Prime CBD Location – Renewed Lease to ASX Listed Company

33 Victoria Street , WARRAGUL VIC

Description

Recently renewed 5 year lease.
Harvey Norman: ASX listed company with over 190 stores nationwide, $348.61m net profit for FY16, up by 30%.
Annual CPI rent reviews.
Long established and successful store in prime retail location amongst Woolworths, Target, McDonald’s etc.
Prominent 1,156 sqm site with rear access and loading.
Attractive taxation depreciation benefits.
Warragul/Drouin: an outer satellite suburb only 33km from metro Melbourne, experiencing a major housing and population boom with forecast growth to 43,000 by 2026.
Rent: $173,892.41 pa.

Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
1,156 SQM
Building Area
1,000 SQM

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