SOLD
132-136 High Street (Cnr Nolan Street), Maryborough, VIC 3465
Renewed 5 Year Lease to Target Australia - Town Centre Site
Renewed 5 year lease to Target Australia to Nov 2021 plus options to 2036
Target: Network of 303 stores (and online) across the country employing over 14,000 – Subsidiary of ASX Listed Wesfarmers Limited
Lessee pays all usual outgoings as per the lease
Annual $5,000 rent increases
Absolute town centre landholding of 1,011 sqm with total retail frontage of 68 metres
Highly versatile, well presented clear span retail building
Commercial 1 Zoning – Premium retail zoning
Single tenant, minimum management investment
Maryborough: capital of the Goldfields Shire – Geographic centre of Victoria with estimated residential population of 12,500+. One hour drive to Bendigo & Ballarat, two hours to Geelong
Rent: $90,000 pa (November 2018)
Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne
Target: Network of 303 stores (and online) across the country employing over 14,000 – Subsidiary of ASX Listed Wesfarmers Limited
Lessee pays all usual outgoings as per the lease
Annual $5,000 rent increases
Absolute town centre landholding of 1,011 sqm with total retail frontage of 68 metres
Highly versatile, well presented clear span retail building
Commercial 1 Zoning – Premium retail zoning
Single tenant, minimum management investment
Maryborough: capital of the Goldfields Shire – Geographic centre of Victoria with estimated residential population of 12,500+. One hour drive to Bendigo & Ballarat, two hours to Geelong
Rent: $90,000 pa (November 2018)
Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne
Property Info
Municipality
Maryborough
AUCTION
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Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
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