Other

Property ID: 105813

 

STRONG TRADING TARGET WITH RETAIL UPSIDE

153-159 Myrtle Street, Myrtleford, VIC 3737

Liquidators Appointed - Under instructions from Deloitte liquidator of Robant Developments Pty Ltd. *Secure 10 + 5 + 5 year Lease to 2027. *Target Australia Limited, a wholly owned subsidiary of Wesfarmers Limited (ASX Top 20 Corporation). *Significant 4,183 sqm (approx) site with 3 street frontages and 69 on site car spaces on title. *Substantial 1,508 sqm (approx) building/depreciation benefits. *Premium Business 1 zoning. *Potential for rental upside and/or subdivision of specialty shops (STCA). *Current rent: $165,244 pa + GST (gross) (approx). *Potential rent: $207,883 pa (approx) (net-fully let basis).

Sold

Contact Agent

Frank Vinci

Joseph Carbone