Retail Investment With Thriving City Centre
43 McCrae Street , Swan Hill VIC
Property Highlights
Description
Modern 1,160 sqm retail centre incorporating Best & Less and Showbiz Cinema complex (consisting of 3 cinemas)
Best & Less: 5 year lease to 2020 plus options through to 2030 – occupied since 2005
Showbiz Cinema’s 5 year lease to 2020 plus two further options
Annual CPI reviews
Commanding 1,300 sqm CBD corner with retail frontage and exposure of 67+ metres and 5 on-site car spaces
Prime CBD position directly opposite Swan Hill Square Shopping Centre anchored by Coles, Liquorland etc, plus 130+ car spaces, and close proximity to Swan Hill Medical Centre and Hospital
Swan Hill: thriving Murray River regional City, trade catchment 20,800
Rent: $151,860 pa (Oct 2017 assuming 2% CPI)
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne
Property Details