Trophy Retail Investment
42-44 Firebrace Street , Horsham VIC
Property Highlights
Description
Secure 10 year lease to 2026.
Cotton On: a growing international retailer with 1,500 plus stores across 7 brands in 19 countries – 2017 revenue circa $1.9B.
Guaranteed rental growth – Fixed 4% annual increases.
Large CBD site with important 12.5 metre retail frontage and rear access.
Absolutely prime retail location, amongst complementary retailers including: NAB, CBA, Telstra, Bendigo Bank, ANZ, Australia Post plus pedestrian lane access to Coles Supermarket and associated car parking.
Well maintained 2 level building – 512 sqm ground floor with as new capital intensive retail fit-out to latest Cotton On Megastore layout and design plus side loading dock and additional 70 sqm first floor amenities/storage.
Horsham: Wimmera’s commercial/retail centre with a trade catchment circa 55,000. The region is one of the world’s largest grain, pulse and oilseed growing regions.
Net Rent: $104,500 pa.
Auction 11am AEST Wednesday 9 May 2018
River Room, Crown Casino, Melbourne
Property Details