ASX Listed & Long Standing Tenant
374-376 Ogilvie Avenue , ECHUCA VIC
Description
Renewed secure 5 year lease plus options to August 2026.
Reece Group: ASX200 company reporting a profit of $280m (2016) with over 450 stores and employing 3,500+ staff.
Annual rent reviews.
Tenant pays usual outgoings including rates and insurance.
Impressive and immaculate 540 sqm building with site area of 1,575 sqm.
Strategic Automotive and Commercial precinct with frontage of 40m to Ogilvie Avenue (Murray Valley Hwy), 15,000 vehicles passing daily.
9 on-site marked car spaces.
Single tenant minimum management investment.
Echuca: thriving Murray River tourist mecca, Campaspe Council capital, trade catchment circa 50,000.
Rent: $75,000 pa.
Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne
Property Details