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40 Moore Street
Ararat VIC 3377
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Sold on 10 May 2023

40 Moore Street Ararat VIC 3377

  • Shop & Retail
  • 1,256 m²
  • Sold

Long 10 Year Lease to National Retailer | Strategic Position Opposite ALDI & IGA

    +Long 10 year lease to 2032 plus options to 2042
    +Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores
    +Annual CPI rent reviews
    +Large 1,256sqm* building plus 28 sealed and line car spaces on-title
    +Significant 4,284sqm* landholding provides opportunity to extend buildings STCA
    +Strategic position opposite two strong trading supermarkets, ALDI & IGA
    +Single tenant minimum management investment
    +Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment
    +Potential 50% Stamp Duty Savings
    +Net Income: $159,782 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEST Wednesday 10 May 2023
    Crown Casino, Melbourne

    AUCTION

    Auction date and time10/05/2023 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold10 May 2023
    Floor Area1,256 m²
    Land Area4,284 m²
    ParkingAsk Agent
    Property ID2018476381
    Category
    Last updated  11 May 2023
    Map for 40 Moore Street Ararat VIC 3377

    Property Highlights

    Date Sold10 May 2023
    Floor Area1,256 m²
    Land Area4,284 m²
    ParkingAsk Agent
    Property ID2018476381
    Category
    Last updated  11 May 2023
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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