SOLD
16-26 Campbell Street, Ararat, VIC 3377
Securely Leased to Home Improvements & Hardware Giant - Wholly owned Subsidiary of Metcash
Secure 10 year lease to 2023 plus options to 2038 (tenant in occupation for 30 years).
Annual rent reviews/Tenant pays all usual outgoings.
Presentable 2,768 sqm building and well maintained premises on 7,945 sqm, dual access site with 230 metre street frontage.
Mitre 10: Australia's largest independent home improvement and hardware wholesaler, with a network of 300+ stores, wholly owned by Metcash Limited - ASX Top 100 company.
Ararat: important western Victoria service centre, recent $2B infrastructure boom including Prison, Highway duplication and Windfarms, gateway location to Grampians, trade catchment circa 22,000.
Rent: $210,912 pa (Jan 2017 assuming CPI 1.85%).
Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne
Annual rent reviews/Tenant pays all usual outgoings.
Presentable 2,768 sqm building and well maintained premises on 7,945 sqm, dual access site with 230 metre street frontage.
Mitre 10: Australia's largest independent home improvement and hardware wholesaler, with a network of 300+ stores, wholly owned by Metcash Limited - ASX Top 100 company.
Ararat: important western Victoria service centre, recent $2B infrastructure boom including Prison, Highway duplication and Windfarms, gateway location to Grampians, trade catchment circa 22,000.
Rent: $210,912 pa (Jan 2017 assuming CPI 1.85%).
Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne
Property Info
Municipality
Ararat
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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NEARBY PROPERTIES
Doug Doyle
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