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

55 Thompson Street, Hamilton VIC

Property Highlights

Provincial: New 5 + 5 yr lease to 2028

Provincial: Fixed 3% rental increases

1,793 sqm Commercial 1 Zoned site

Description

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 p.a.
To be sold in 1 line

Private Sale

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1,793 SQM
Gross Building Area
440 SQM

Contact Agents

Scott Meighan

0413 830 709

Natalie Couper

0413 856 983

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