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Burgess Rawson - Melbourne

126-128 Melville Street Numurkah, VIC 3636

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126-128 Melville Street,
Numurkah, VIC 3636

Shops & Retail • Other
Added 1 day ago

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Sale - Auction Wed 18 Sep

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Map of 126-128 Melville Street

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  • Bus stops within 5 km of 126-128 Melville Street, Numurkah, VIC 3636Distance
    Quinn St/Mieklejohn St (Numurkah)336 m
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Entry Level Freehold Fast Food Investment | New 3 Year Lease Plus Options to 2048

  • High yielding freehold investment
  • Tenant pays usual outgoings
  • Seven further options
Burgess Rawson is pleased to offer to the market 126-128 Melville Street, Numurkah VIC for sale via our Investment Auction Portfolio 171.

This investment has the following key highlights:

+ New three (3) year lease to 'Hi Pizza' to March 2027.
+ Seven (7) further three (3) year options to 2048.
+ Hi Pizza: newly-established pizza retailer with comprehensive liqour licence, offering dine-in, takeaway and delivery services.
+ Local favorite Pizza business under new management, running in the same location for over three decades.
+ Investor preferred net lease terms with tenant responsible for usual outgoings (excl. building insurance).
+ Favorable 251sqm* Commercial 1 Zoned landholding with 5.5m* frontage to Melville Street and a ROW access at rear of building to Meiklejohn Street.
+ Prominent location in the heart of the Numurkah commercial precinct, providing strong developing potential in the future.
+ Absolute 'town centre' location with Numurkah Town Hall, Foodworks, Australia Post, NAB, Bendigo Bank and CBA all within 475m* (situated along Melville Street).
+ Conveniently located metres from Goulburn Valley Hwy and Numurkah Solar Farm (constructed in 2019 & total cost $190M), Victoria's largest solar farm powering the Melbourne tram network and Laverton Steel Works.
+ Numurkah: 35 km north of Shepparton, a major agriculture district (92.59%) primarily focused on dairy grazing and fruit growing. Forms part of Victoria’s renowned ‘Fruit Bowl’ region.
+ Rent: $44,618 pa* + GST

To be sold via Investment Portfolio Auction 171
10:30am (AEST) Wednesday 18 September 2024
River Room, Crown Casino, Melbourne

*approx.

For further information, please contact the exclusive selling agents below:

Zomart He 何梓轩 | 0488 220 8...
Sam Mercuri | 0413 830 083

Property ID: 504670092Last Updated: 22 Aug 2024

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
126-128 Melville Street
Numurkah, VIC 3636

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