Long 10 Year Lease to National Retailer | Strategic Position Opposite ALDI & IGA
Description
+Long 10 year lease to 2032 plus options to 2042
+Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores
+Annual CPI rent reviews
+Large 1,256sqm* building plus 28 sealed and line car spaces on-title
+Significant 4,284sqm* landholding provides opportunity to extend buildings STCA
+Strategic position opposite two strong trading supermarkets, ALDI & IGA
+Single tenant minimum management investment
+Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment
+Potential 50% Stamp Duty Savings
+Net Income: $159,782 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne
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Contact agents
Shaun Venables Senior Director
0411 860 865
Justin Kramersh Director
+61 460 349 605
Romanor Falconer Sales Executive
0413 830 808
David Napoleone Associate Director
+61 417 308 067Enquiry Form
Ararat, VIC
40 Moore Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 160
Contact agents
-
Shaun Venables Senior Director
0411 860 865 -
Justin Kramersh Director
+61 460 349 605 -
Romanor Falconer Sales Executive
0413 830 808 -
David Napoleone Associate Director
+61 417 308 067
