Long 10 Year Lease to National Retailer | Strategic Position Opposite ALDI & IGA
40 Moore Street, Ararat VIC
Property Highlights
Description
+Long 10 year lease to 2032 plus options to 2042
+Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores
+Annual CPI rent reviews
+Large 1,256sqm* building plus 28 sealed and line car spaces on-title
+Significant 4,284sqm* landholding provides opportunity to extend buildings STCA
+Strategic position opposite two strong trading supermarkets, ALDI & IGA
+Single tenant minimum management investment
+Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment
+Potential 50% Stamp Duty Savings
+Net Income: $159,782 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne
Property Details