Fitzroys in conjunction with Stonebridge, under instructions from Advise Transact are delighted to offer this impressive, new delivered freehold investment at 61-63 High Street, Maryborough for sale via public auction on Wednesday 2nd April at 1pm.
Key highlights include:
- Long term 6 year lease to national retail giant, The Reject Shop (over 380 stores across Australia)
- Australian Stock Market Listed tenant (ASX Code: TRS) with FY24 turnover of $852.7m**
- Returning $180,000 per annum plus GST
- Fixed annual rental increases providing excellent built in income growth
- Land area of 800sqm* with dual frontage to High St and Clarendon St of over 15 metres each
- Immaculately presented building of 750sqm* purposely delivered to the requirements of The Reject Shop
- Strategically positioned in the heart of Maryborough’s retail core surrounded by a range of national Tenants including CBA, NAB, ANZ, Priceline, RACV, Subway, KFC, and within close proximity to Woolworths Supermarket, Coles Supermarket and K Mart department store
- Strong tax depreciation benefits available
- Eligible for 50% stamp duty saving associated with Victorian regional commercial property
Maryborough is a major landmark Victorian township located 40km* north of Ballarat and 55km* south-west of Bendigo.
For further information or an inspection of 61-63 High Street, Maryborough please contact the exclusive selling agents Stonebridge and Fitzroys.
*approx
**therejectshop.com.au
Remember to mention you found this property on CommercialReady
Fitzroys in conjunction with Stonebridge, under instructions from Advise Transact are delighted to offer this impressive, new delivered freehold investment at 61-63 High Street, Maryborough for sale via public auction on Wednesday 2nd April at 1pm.
Key highlights include:
- Long term 6 year lease to national retail giant, The Reject Shop (over 380 stores across Australia)
- Australian Stock Market Listed tenant (ASX Code: TRS) with FY24 turnover of $852.7m**
- Returning $180,000 per annum plus GST
- Fixed annual rental increases providing excellent built in income growth
- Land area of 800sqm* with dual frontage to High St and Clarendon St of over 15 metres each
- Immaculately presented building of 750sqm* purposely delivered to the requirements of The Reject Shop
- Strategically positioned in the heart of Maryborough’s retail core surrounded by a range of national Tenants including CBA, NAB, ANZ, Priceline, RACV, Subway, KFC, and within close proximity to Woolworths Supermarket, Coles Supermarket and K Mart department store
- Strong tax depreciation benefits available
- Eligible for 50% stamp duty saving associated with Victorian regional commercial property
Maryborough is a major landmark Victorian township located 40km* north of Ballarat and 55km* south-west of Bendigo.
For further information or an inspection of 61-63 High Street, Maryborough please contact the exclusive selling agents Stonebridge and Fitzroys.
*approx
**therejectshop.com.au
Remember to mention you found this property on CommercialReady
61-63 High Street, Maryborough, VIC, 3465