Skip to main content
SearchBack to results

119-123 Gray Street Hamilton VIC 3300

  • Retail
  • Floor Size2,081 m²
  • PriceCommercial Auction

Rare Freestanding Sub $4m Wesfarmers Investment Opportunity

Securely leased to September 2022 plus options to 2032.
Significant depreciation, 42% of rent potentially tax free.
High yield investment, blue-chip tenant.
Target: Iconic 93 year old retailer, wholly owned by $41 billion Wesfarmers.
Modern 2,081 sqm* retail development,built 2007, with 17 basement car spaces plus exclusive rights to a further 55 car spaces.
Generous 20.7 metre* frontage to Gray Street, the key retail strip in the region.
Strategic location surrounded by Woolworths, Coles, IGA, Harvey Norman and all major banks.
Hamilton: Important commercial service centre servicing 20,000+ trade catchment.
Estimated Net Income: $371,103 pa + GST

Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

Auction date and time07/08/2019 11:00
Auction location119-123 Gray Street, Hamilton VIC

Property Highlights

Property ID2015436451
Floor Area2,081 m²
Land Area1,769 m²
EnergyAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
Last updated  12 Jul 2019
Map for 119-123 Gray Street Hamilton VIC 3300
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

Ask Beau Coulter about this property

By sending this message, you agree to our Privacy Policy.

More Properties for Sale from Burgess Rawson & Associates

727 Gympie Road Lawnton QLD 4501
Commercial Auction
727 gympie road,lawnton, QLD 4501
6,784 m²
5 Techno Park Drive Kings Meadows TAS 7249
Commercial Auction
5 techno park drive,kings meadows, TAS 7249
1,440 m²
30-32 Bridge Street Bendigo VIC 3550
Commercial Auction
30-32 bridge street,bendigo, VIC 3550
999 m²
Contact Agent