$1,325,000

491-497 High Street, Echuca, VIC 3564


SOLD $1,325,000 Executors Auction - Central Echuca Commercial Freehold - 2 Premises

* 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 FEATURES

  • Air Conditioning
  • City Views
  • Close to Shops
  • Close to Transport

Property Info

Municipality
Echuca

AUCTION

Saturday, 06 Apr 2024
01:00 pm
ENQUIRE ABOUT THIS COMMERCIAL PROPERTY