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Echuca - CBD - Rare Freehold Premises. Renewed 5 Year Le...

186 Hare Street, ECHUCA VIC, 3564

Sold

Property Sold in 186 Hare Street, ECHUCA VIC, 3564

Charles L King & Co First National

172 Hare Street, Echuca, VIC 3564

Listing ID:
11346524
Status:
Sold
Price:
SOLD $840,000 - 5 Bidders
Last Updated:
20/08/2019
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Property Type

Retail
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Land Area

171 SQM
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Floor Area

137 SQM
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Parking

1

Echuca - CBD - Rare Freehold Premises. Renewed 5 Year Lease. Investment Opportunity.

Located right in the heart of "Echuca's Golden Mile"

Brand New Renewed 5 Year Lease.

Brilliant Shop Fit and Renovation.

Join other successful retailers like FACTORIE, SUSSAN, SPORTGIRL and PRICELINE in this coveted location.

Rent: $49,500 Gross Plus + GST.

Tenant: "Taking Shape " Clothing Retailer.( TS 14 Plus Australia Pty Ltd )

Lease: Renewed 5 Lease from 1/4/2019.

Rent Review 3% Annually.

Option One further term of 5 years until March 2029.

Build Area 137 M2 ( Approx )
Land Area: 171 M2 (Approx) + Rear Access.

Freehold premises in this highly regarded and well held location rarely become available.

One family Ownership for over 50 Years ( Formally Smiths Newsagents )

Prior Offers may be considered.

Contracts of Sale with Renewed Lease are available upon request.

Property Report available upon request.

For more details, please email agent

Charles L King & Co First National

172 Hare Street, Echuca, VIC 3564


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