491-497 High St, Echuca, VIC 3564
Office Suite
Sold - $1,325,000 - 8/04/2024
SOLD $1,325,000
Executors Auction - Central Echuca Commer
* 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: | Office Suite |
| Land Size: | 947 sqm |
| Total Building Area: | 530m² |
Open for Inspection Times:
Recent Sales in the Suburb of Echuca
Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.