2-10 Radcliffe Street,
Echuca, VIC 3564
Other
Price information
Sale
$2,200,000
Key property information
Land area
Floor area
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$140,361
Number of Tenants
2 Tenants
Private inspections
to arrange a private inspection.
Map of 2-10 Radcliffe Street
Train stations within 5 km of 2-10 Radcliffe Street, Echuca, VIC 3564 Distance Echuca 1 km POWERED BY HERE ©Bus stops within 5 km of 2-10 Radcliffe Street, Echuca, VIC 3564 Distance Old Post Office/Hare St (Echuca) 358 m Echuca Coach Terminal/Heygarth St (Echuca) 390 m Campaspe StWarren St 392 m Dickson St/Warren St (Echuca) 444 m Masonic Hall/High St (Echuca) 535 m POWERED BY HERE ©
POWERED BY HERE ©
Amazing Opportunity on Expansive Corner Site
This exceptional, fully leased commercial complex consists of two premises and offers the astute purchaser, a prime position with a secure income.
Home to the popular Radcliffe's Restaurant and TwistED Science - Echuca, these well-established businesses are exemplary tenants.
Echuca is one of the most highly sought-after tourist destinations in Victoria and with this property located in the heart of the Echuca Port Precinct, it really does pose the perfect location for your next investment.
Total Land size - 1,708m2
Zoned - Commercial 1
Long-term tenants in place
TwistED Science - Echuca has a 3 year lease in place which commenced on the 1st of July 2021 with further 3 year options available until the 30th of June 2033. Rental is currently $40,484.88 PA plus GST (CPI Increases Annually) Outgoings 40% of Water and Shire Rates.
Radcliffe's Restaurant has a 5 year lease in place which commenced on the 1st of April 2016, with further 5 year options available until the 30th of June 2036. Rental is currently $96,048.65 PA plus GST (CPI Increases annually) Outgoings 60% of Water and Shire Rates
Total return: $136,533.53 PA plus GST
Please Note: This property was not affected by the 2022 floods
Home to the popular Radcliffe's Restaurant and TwistED Science - Echuca, these well-established businesses are exemplary tenants.
Echuca is one of the most highly sought-after tourist destinations in Victoria and with this property located in the heart of the Echuca Port Precinct, it really does pose the perfect location for your next investment.
Total Land size - 1,708m2
Zoned - Commercial 1
Long-term tenants in place
TwistED Science - Echuca has a 3 year lease in place which commenced on the 1st of July 2021 with further 3 year options available until the 30th of June 2033. Rental is currently $40,484.88 PA plus GST (CPI Increases Annually) Outgoings 40% of Water and Shire Rates.
Radcliffe's Restaurant has a 5 year lease in place which commenced on the 1st of April 2016, with further 5 year options available until the 30th of June 2036. Rental is currently $96,048.65 PA plus GST (CPI Increases annually) Outgoings 60% of Water and Shire Rates
Total return: $136,533.53 PA plus GST
Please Note: This property was not affected by the 2022 floods
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Property ID: 504199536Last Updated: 14 Feb 2024
2-10 Radcliffe Street
Echuca, VIC 3564
Century 21 - Rich River Real Estate509 - 511 High Street
ECHUCA, VIC 3564
ECHUCA, VIC 3564
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