SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
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
Occupancy Type
Retail
Land Size
5,162 SQM
Building Area
2,430 SQM

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