127 Hare Street Echuca VIC 3564

High Profile Freehold Commercial Premises.

-Double Fronted Brick Premises.
-Blue Chip Location.
-Concrete Floor.
-Rear Access.
-Single Title.
-Position Perfect.
-Securely Leased.
-Recently Renovated.
-Heated and Cooled.
-Staff Facilities.

Tenant / Lease Details.

Tenant: Catalogue Clothing Pty Ltd. ( Mara + Stone Ladies Fashion )
Lease: 5 Years From 15/3/2025.
Options: 2 x 5 Years.
Rent Increases: 3% Annually.
Rent: $66,950 P/A Plus GST Plus all normal Outgoings.
Land Area: 5.82 m x 27.43 m 160 sqm.
Building Area: 160 sqm with rear access.

Landlord favourable Net Lease with Tenant responsible for all usual outgoings including rates and Insurance as per the lease. Fixed compounding 3% Annual rent increases ensuring continued growth.

Echuca / Moama is a Murray River Tourist Mecca, with a trade catchment of some 60,000 people plus all year round holiday influx.

Projected Rent for the 5 Year Period.

$65,000 Year 1 15/3/2025
$66,950.00 Year 2 15/3/2026
$68,958.50 Year 3 15/3/2027
$71,027.25 Year 4 15/3/2028
$73,158.01 Year 5 15/3/2029

A Landlord favourable Net Lease with Tenant responsible for all usual outgoings including Municipal Rates, Coliban Water and Insurance as per the lease.

Fixed compounding 3% Annual rent increases ensuring continued growth.

A truly successful Tenant - One of Echuca's leading retailers. With options to 2040

A rare opportunity to secure Freehold premises in this highly regarded and well held area of Echuca's main shopping precinct.

Join Ghanda, Just Jeans - CottonOn in this very busy precinct.

Offers prior to Auction considered.

Terms 10% Balance 60 Days.

Gary Wood 0408505733 Or Beau Lyon 0439 621772

Recent Sales in the Hare Street Strip shopping precinct.

125 Hare St Echuca Net Rent $27,500.00 $500,000 5%
206 Hare St Echuca $600,000

Property Features

• Kitchenette
• Heating
• Close to Transport
• Close to Shops
• Close to Schools
• City Views
• Air Conditioning