Renewed 3 year lease to Feb 2019 plus options to 2028.
Annual rent reviews with tenant paying all outgoings.
Presentable and well maintained premises on 521 sqm dual access site with provisions for rear car parking.
Well supported within automotive and retail precinct amongst Shell Coles Express, Carpet Choice, Tyrepower, Mitsubishi Motors and Suzuki Motorcycles.
Single tenant, minimum management investment.
Repco: Wholly owner entity of GPC Asia Pacific. Australia and New Zealand's largest reseller and supplier of after-market automotive parts and accessories, with a network of 400+ stores.
Ararat: Important mid-western Victoria service centre, population catchment circa 11,000.
Rent: $27,600 pa.
Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.