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  6. The Reject Shop 19 Main Street COBRAM VIC 3644

The Reject Shop 19 Main Street COBRAM VIC 3644
$1,900,000

SUMMARY
Renewed Lease to ASX Listed Tenant - Irreplaceable Position Next To McDonald’s
PROPERTY DETAILS
Price
$1,900,000
Listing Type
Commercial For Sale
Property Type
Retail, Showrooms/Bulky Goods, Offices
Method of Sale
For Sale
DESCRIPTION
Renewed lease to September 2023
The Reject Shop Limited: ASX listed company with market cap $170.27 million and 350 plus stores nationally
Guaranteed growth with fixed annual 3% rent increases
Modern 750 sqm retail showroom constructed 2013
Large 954 sqm landholding with premium Commercial 1 zoning
Strategic town centre location amongst McDonald’s, IGA Supermarket, BWS Liquor, Subway, Major Banks etc
Excellent Tax Saving depreciation benefits
Cobram/Barooga: Important Murray River commercial service centre with 25,000 plus catchment population
Net Rent: $141,081 p.a. (as at Sept 2018)
INFORMATION
New or Established
Established
Land size
954 sq m
MORE INFORMATION
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Listing Agent
Shaun Venables

Shaun Venables

Jamie Perlinger

Jamie Perlinger

Andrew Kerr

Andrew Kerr

Beau Coulter

Beau Coulter

Burgess Rawson - MelbourneClick here for more info-
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