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Renewed Lease to ASX Listed Tenant - Irreplaceable Positi...

19 Main Street, COBRAM VIC, 3644

Sold

Property Sold in 19 Main Street, COBRAM VIC, 3644

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11287226
Status:
Sold
Price:
$1,900,000
Last Updated:
17/10/2019
Icon building

Property Type

Retail/Showrooms/Bulky Goods/Offices
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Land Area

954 SQM
Icon size

Floor Area

750 SQM
Icon parking

Parking

N/A

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

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: $145,313 pa (as at Sept 2018)

For Sale by Private Treaty

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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