SOLD
SOLD
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SOLD
SOLD
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SOLD

Thriving Essential Service Freehold Investment

94 Brown Street , Hamilton VIC

Property Highlights

Secure 10 Year Lease to 2026
Fixed 2.25% Annual Rent Increases
Huge 5,175sqm CBD site opposite Coles
Register to Bid

Description

**Potential 50% Stamp Duty Savings**
**Significant Depreciation Tax Benefits**

+ Securely leased to 2026, plus options through to 2036.
+ Cheap As Chips: Proven discount retailer with 42 stores nationally
+ One of the strongest performing stores which has traded extremely well through COVID
+ Refurbished 2,430 sqm building directly opposite a new Coles supermarket
+ 73 car spaces on-title plus an adjoining 180 spaces to the Coles Supermarket
+ 180 metres of triple retail frontage
+ Huge 5,162 sqm CBD site with seamless integration to Coles
+ Fixed 2.25% annual rent increases assuring growth
+ Tenant pays all usual outgoings as per the lease
+ Strategically positioned directly opposite Coles and within walking distance to McDonald’s, KFC, CBA, Woolworths, Harvery Norman, IGA and the Southern Grampians Shire Council
+ Hamilton: The main retail and service centre within the Southern Grampians shire council with a captive trade catchment over 20,000
+ Net income: $333,328 pa + GST

For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
5,162 SQM
Building Area
2,430 SQM

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