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Impressive Retail Freehold Complex | Includes New 7 Year Lease to Subway

40-42 High Street , Yea VIC

Property Highlights

Multiple Income Streams
Generous Fixed Annual Rent Increases
Tenants Pay All Usual Outgoings
Register to Bid

Description

Secure 7-year lease to Subway to 2028 plus options to 2042.
Subway: world’s largest restaurant chain with 40,000 + stores.
Subway Yea brand-new lease and brand-new fit-out 2021.
Secure 7-year lease to Caroline’s House of Chicken plus option to 2031.
Caroline’s House of Chicken Café: chicken and takeaway restaurant with multiple locations across Victoria.
New 3-year lease to Commonwealth Bank to 2025 plus options to 2034.
Commonwealth Bank of Australia: Australia’s largest bank and a market cap of $170b.
Potential 50% stamp duty savings.
1,345sqm site* incorporating a leased industrial shed.
Central main road position with close proximity to FoodWorks, Police Station, BP Truck Stop and Pharmacy as well as national bank branches and more.
Yea: bustling retail township supported by locals and weekend tourism, 1 hour from the Melbourne CBD.
Net Income: $85,305 pa* + GST.

For Sale By Private Treaty

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
1,345 SQM
Building Area
964 SQM

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