High Profile Freehold Investment – Securely Leased to Cheap as Chips
Description
+ Secure 10-year lease to Cheap as Chips until September 2027 + 10-year option to September 2037
+ Cheap as Chips: Est 1985, Growing discount retailer with 42 stores nationally
+ Prominent 2,054sqm building with 3 specialty tenancies including Flight Centre and gourmet Butcher
+ 81% of income secured by Cheap as Chips
+ Annual rent reviews
+ Significant 3,655sqm landholding with 56 car spaces on-title and direct access from Riverine St
+ Prime CBD position nearby Woolworths, Coles, ALDI & Australia Post
+ Bairnsdale: Major commercial centre servicing East Gippsland region with 42,000+ trade catchment
+ Rent: $244,828 pa + GST ($274,033 fully let basis)
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021
Do you own a similar property?
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Contact agents
Shaun Venables Senior Director
0411 860 865
Beau Coulter Senior Director
0413 839 898
Zomart He Director
0488 220 830Enquiry Form
Bairnsdale, VIC
58-66 Nicholson Street (& Riverine Street)
- Sold Price: Contact Agent
This property was sold as part of Portfolio 143
Contact agents
-
Shaun Venables Senior Director
0411 860 865 -
Beau Coulter Senior Director
0413 839 898 -
Zomart He Director
0488 220 830
