127 Hare St, Echuca, VIC 3564
Retail Shop
Auction
Echuca CBD
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: | Retail Shop |
| Land Size: | 160 sqm |
| Total Building Area: | 160m² |
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.