New 5 Year Lease to Leading Homewares Retailer Plus 4 Residential Units

55 thompson street, hamilton vic

Price on Request

  • Provincial: New 5 + 5 yr lease to 2028
  • Provincial: Fixed 3% rental increases
  • 1,793 sqm Commercial 1 Zoned site

Property Details

Provincial: New 5 + 5 year lease through to 2028
Provincial: Fixed 3% increases / pays usual outgoings
4 residential dwellings comprising 1 & 2 bedrooms
Provincial Home Living: Australian-owned furniture & homewares retailer with 32 stores across the eastern seaboard & growing
Significant Commercial 1 land totalling 1,793 sqm across 2 separate titles including 1,000 sqm (approx) land for future development (STCA)
Building includes 440 sqm retail tenancy (Provincial) with 14.4 metre street frontage and side lane access
Hamilton: Important commercial service centre servicing 20,000+ trade catchment, perfectly isolated from competing commercial centres ensuring minimal leakage
Rent: $93,680 pa
To be sold in 1 line

Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 440 sqm
Land Size 1,793 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002576

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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