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Sold on 14 Jun 2019

186 Hare Street Echuca VIC 3564

  • Retail
  • 137 m²
  • Sold, $840,000

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.

AUCTION

Auction date and time14/06/2019 13:30
Auction location186 Hare Street, Echuca VIC

Property Highlights

Property ID2015272614
Date Sold14 Jun 2019
Sold Price$840,000
Floor Area137 m²
Land Area171 m²
ParkingAsk Agent
Category
Last updated  22 May 2019
Map for 186 Hare Street Echuca VIC 3564
Charles L King First National Echuca
172 Hare St Echuca VIC 3564

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