Renewed Lease to ASX Listed Tenant – Irreplaceable Position Next To McDonald’s

19 main street, cobram vic

Price: $1,900,000

  • Securely leased to September 2023
  • The Reject Shop: ASX Listed/350 stores
  • Modern building constructed 2013

Property Details

Renewed lease to September 2023
The Reject Shop Limited: ASX listed company with market cap $170.27 million and 350 plus stores nationally
Guaranteed growth with fixed annual 3% rent increases
Modern 750 sqm retail showroom constructed 2013
Large 954 sqm landholding with premium Commercial 1 zoning
Strategic town centre location amongst McDonald’s, IGA Supermarket, BWS Liquor, Subway, Major Banks etc
Excellent Tax Saving depreciation benefits
Cobram/Barooga: Important Murray River commercial service centre with 25,000 plus catchment population
Net Rent: $141,081 pa (as at Sept 2018)

Featured Details

Current Tenant Tenanted
Gross Building Area 750 sqm
Land Size 954 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001931

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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