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40-42 High Street
Yea VIC 3717
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Sold on 6 Oct 2022

40-42 High Street Yea VIC 3717

  • Shop & Retail
  • 964 m²
  • Sold

Impressive Retail Freehold Complex | Includes New 7 Year Lease to Subway

    Secure 7-year lease to Subway to 2028 plus options to 2042.
    Subway: world's largest restaurant chain with 40,000 + stores.
    Subway Yea brand-new lease and brand-new fit-out 2021.
    Secure 7-year lease to Caroline's House of Chicken plus option to 2031.
    Caroline's House of Chicken Café: chicken and takeaway restaurant with multiple locations across Victoria.
    New 3-year lease to Commonwealth Bank to 2025 plus options to 2034.
    Commonwealth Bank of Australia: Australia's largest bank and a market cap of $170b.
    Potential 50% stamp duty savings.
    1,345sqm site* incorporating a leased industrial shed.
    Central main road position with close proximity to FoodWorks, Police Station, BP Truck Stop and Pharmacy as well as national bank branches and more.
    Yea: bustling retail township supported by locals and weekend tourism, 1 hour from the Melbourne CBD.
    Net Income: $85,305 pa* + GST.

    For Sale By Private Treaty

    Property Highlights

    Date Sold6 Oct 2022
    Floor Area964 m²
    Land Area1,345 m²
    ParkingAsk Agent
    Property ID2018009841
    Category
    Last updated  10 Oct 2022
    Map for 40-42 High Street Yea VIC 3717

    Property Highlights

    Date Sold6 Oct 2022
    Floor Area964 m²
    Land Area1,345 m²
    ParkingAsk Agent
    Property ID2018009841
    Category
    Last updated  10 Oct 2022

    Co-Agents

    Matthew Wright
    Matthew Wright
    Burgess Rawson VIC Pty Ltd
    Call
    0458 290 588
    Raoul Holderhead
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 304
    James Bergman
    Burgess Rawson VIC Pty Ltd
    Call
    0428 419 453

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