Dominant, Established, Successful Supermarket
4A - 14A Kiewa Crescent , Mount Beauty VIC
Property Highlights
Description
Brand new 12 + 10 + 10 year lease to 2049
Fixed 3% annual rent increases with tenant paying outgoings
Recently refurbished and extended at a cost circa $2 million, a well designed store of 1,050 sqm with all usual departments including liquor
Prime town centre site of 1,165 sqm with 60m of combined street frontages
Central to supportive retail attractions including post office, banks, chemist, newsagency, hardware, bakery etc, & adjoins convenient public car parking
Geographically captive trade catchment, 30km from Bright, leading through to Falls Creek’s ski resorts etc
Picturesque twin towns within the Alpine Shire’s exclusive Kiewa Valley boosted by year round significant tourism
Attractive income tax saving depreciation
Rent: $265,000 pa
Conjunctional Agent: Madison & Masters
Mark Leadbeater – 0411 875 583
Peter Italiano – 0418 318 240
Property Details