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40 Moore Street, ARARAT, VIC, 3377

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40 Moore Street, ARARAT, VIC, 3377

40 Moore Street, ARARAT, VIC, 3377

Properties / Sold / Victoria / Ararat
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Price on Request
Land Area
4,284 m² (*approx)
Floor Area
1256 m² (*approx)
Property Type
Retail, Other, Land
Sub-type
Large Format, Mixed Use
Terms
Secure 10 year lease to 2032 plus options to 2042
Est. Income
$162,500 p/a
Fully Leased
Cheap as Chips
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2. Property Highlights

Long 10 Year Lease to National Retailer | Strategic Position Opposite ALDI & IGA
  • 10 year lease to 2032 + options
  • Cheap as Chips, Est. 1985, 50+ stores
  • 1,256sqm building, 4,284sqm landholding

+Long 10 year lease to 2032 plus options to 2042

+Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores

+Annual CPI rent reviews

+Large 1,256sqm* building plus 28 sealed and line car spaces on-title

+Significant 4,284sqm* landholding provides opportunity to extend buildings STCA

+Strategic position opposite two strong trading supermarkets, ALDI & IGA

+Single tenant minimum management investment

+Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment

+Potential 50% Stamp Duty Savings

+Net Income: $159,782 pa* + GST

For Sale by Investment Portfolio Auction

10:30am AEST Wednesday 10 May 2023

Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Other, Land
Sub-type
Large Format, Mixed Use
Est. Income
$162,500 p/a
Tenant
Cheap as Chips
Terms
Secure 10 year lease to 2032 plus options to 2042
Land Area
4,284 m² (*approx)
Floor Area
1256 m² (*approx)
Selling Method
Auction
Auction Date
10 May 2023 10:30AM
Selling Details
Price on Request

2. Property Highlights

Long 10 Year Lease to National Retailer | Strategic Position Opposite ALDI & IGA
  • 10 year lease to 2032 + options
  • Cheap as Chips, Est. 1985, 50+ stores
  • 1,256sqm building, 4,284sqm landholding

+Long 10 year lease to 2032 plus options to 2042

+Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores

+Annual CPI rent reviews

+Large 1,256sqm* building plus 28 sealed and line car spaces on-title

+Significant 4,284sqm* landholding provides opportunity to extend buildings STCA

+Strategic position opposite two strong trading supermarkets, ALDI & IGA

+Single tenant minimum management investment

+Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment

+Potential 50% Stamp Duty Savings

+Net Income: $159,782 pa* + GST

For Sale by Investment Portfolio Auction

10:30am AEST Wednesday 10 May 2023

Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

40 Moore Street, ARARAT, VIC, 3377

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