Major Swan Hill Corner CBD Landholding- Directly Opposite Coles Shopping Centre

Description

Burgess Rawson is pleased to offer to market the ‘Silly Solly’s’ anchored investment located 19-39 McCrae Street, Swan Hill VIC, for sale via Private Sale.

The property has the following key investment highlights:

+ Multi-tenanted freehold investment with significant future development upside (STCA)
+ Diverse income stream, anchored by Silly Solly’s as well as Hospital op-Shop, Hairdressing wholesaler and residential apartments.
+ Silly Solly’s: one of Australia’s fastest growing retail chains with 23 locations across the eastern seaboard.
+ Annual CPI & Fixed 3% rent increases, ensuring rental growth.
+ Significant proportion of Swan Hill’s main CBD on offer for the first time in over 40 + years.
+ Prime freehold corner site with significant 78m* combined street frontage to McCrae Street & Beveridge Street.
+ High profile 2,332sqm* main road corner landholding with redevelopment optionality (STCA).
+ Absolute CBD location with Bunnings, Woolworths, ALDI, Kmart and various car dealerships all within 700m*
+ Swan Hill: a thriving Murray River agricultural region, home to more than 21,400 residents, supporting 10,495 local jobs and generating an annual economic output of $3.2 billion+.**
+ Potential 50% stamp duty savings.
+ Net Income: $158,690* pa + GST

For Sale by Private Sale.

Please contact the exclusively appointed sales team for more information.

*Approx.
** Swan Hill Rural City Council

Enquire

Contact agents
Matthew Wright Partner
0458 290 588
Sam Mercuri Sales Executive
0413 830 709
Jordan Bell
0497 844 705
Enquiry Form

Swan Hill, VIC

19-39 McCrae Street

For Sale

This property is part of Portfolio 167

Price: Contact Agent

View Portfolio
Contact agents
Enquire