Exceptional Freehold
Investment Opportunity
High Exposure Site
Impressive Two Level Building - Historic Port Precinct
Outstanding opportunity to acquire a highly sought after freehold investment property in this vibrant location.
Tenant Echuca Chocolate Company AD & SM McLean Pty Ltd
Rent $76,124.00 ( From 1/2/2022) + GST + Outgoings
Lease 5 Years From 1/2/2021
Further Terms of 2 x 5 Years
Fixed Rent Review 3.5% Annually
Building Area 220 M2 ( Approx ) Land Area: 8.53m x 15.24 130 M2
Located within the thriving "High Street "Hub
Offers prior to Auction considered
Terms 10% Deposit Balance 60 Days
Recent Commercial Sales by Charles L King & Co
176 – 178 Hare St Echuca $1800,000 Net Rent $90,000 Shop 2 & 3 519 -523 High St Book Store Sold 1,210,000 Net Rent $65,776 Shop 4 519-523 High St Clothing Retailer Sold $625,000 Net Rent 35,692 Shop 5 519 – 523 High St Vacant Possession $ 650,000
