Burgess Rawson are delighted to present to market the Cheap as Chips at 40 Moore Street, Ararat VIC for sale via Private Sale.

Key Investment Highlights:

+ 10-year ‘head office’ lease to Cheap as Chips to April 2032, plus options to 2042.
+ Cheap as Chips: Longstanding and proven discount goods retailer est. 1985 with a network of 50+ stores, 100% Australian owned and operated.
+ Dominant 4,264sqm* freehold landholding with over 100 metres* of frontage to Moore Street and directly opposite ALDI and IGA supermarkets.
+ Recently refurbished 1,256sqm* showroom with rear loading bay and 28 car spaces on title.
+ Low 29% site coverage providing future opportunities to extend the building and/or develop (STCA).
+ Premium Commercial 1 Zoning (C1Z).
+ Situated in the heart of Ararat’s commercial centre, providing prominent access to key retail, commercial and transport amenity including Ararat Hospital, Woolworths, ALDI, K-Hub, McDonalds and Ararat Train Station.
+ Western Highway Duplication: the Australian Government and Victorian Government are investing $450 million to contribute to the Western Highway Duplication between Ararat and Stawell as part of Victoria’s Big Build. (1)
+ Annual CPI rent reviews.
+ Single tenant minimum management investment.
+ Ararat: major commercial centre and gateway to the Grampians with a trade catchment 25,000+.
+ Potential 50% Stamp Duty Savings.
+ Net Income: $161,622 pa* + GST.

For Sale by Private Sale.

For further information, please contact Burgess Rawson.

Shaun Venables | 0411 860 865

*Approx
(1) Infrastructurepipeline.org