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Burgess Rawson - Melbourne

40 Moore Street Ararat, VIC 3377

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40 Moore Street,
Ararat, VIC 3377

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

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Burgess Rawson - Melbourne
Justin Kramersh
David Napoleone
Romanor Falconer
Shaun Venables

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
40 Moore Street
Ararat, VIC 3377

Map of 40 Moore Street

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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

Property ID: 504300816Last Updated: 7 Feb 2024

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