491-497 High Street Echuca VIC 3564
Sold $1,325,000
- Property Type Retail
- Land area approx 947sqm
- Floor area approx 530sqm
- Region Loddon Mallee
- Locality Campaspe
SOLD $1,325,000 Executors Auction - Central Echuca Commercial Freehold - 2 Premises
* Opposite McDonalds, one of Echuca's most prominent corner locations.
* Dual Fronted Premises with excellent exposure.
* Outstanding investment opportunity with upside.
* Two premises, one with a national tenant - Subway.
* National tenant has a new 7 year lease.
* Located in thriving commercial and tourist hub.
CURRENT RENT:
1. Subway
$60,770 plus GST.
7 year lease plus 2 further terms of 7 years.
Rental increase of 3% per annum.
2. Vacant building (was Vintage Bazar)
$36,000 potential rent per annum
This property will take place at 'The Mercure Port of Echuca' at 465 High Street, Echuca on Saturday 6th April at 1pm.
Property Features
- Close to Transport
- Close to Shops
- City Views
- Air Conditioning
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Call Agent
-
Troy O'BrienCharles L. King & Co First National
Call Agent
-
Gary WoodCharles L. King & Co First National
Call Agent
-
Troy O'BrienCharles L. King & Co First National