134 Barkly Street,
Ararat, VIC 3377

For astute investors, one of the largest shops in busy Barkly Street now has a new retail tenant with a 3 year lease plus options to 2029. Rent is $40,000 p.a. with annual CPI increases and all Outgoings paid by the tenant so if you are looking for a solid & secure Freehold Commercial investment with strong returns look no further. Features a huge 496.57 sq.m. approx. total building area comprising a spacious open retail shop showroom (389.15 sq.m.), separate office space up stairs (53.71 sq.m.) and a loading dock area with staff amenities downstairs (53.71 sq.m.) all on around 506 sq.m. site with south boundary on rear laneway. An attractive building enjoying a very strong rental history always attracting quality tenants with double fronted large glass display windows, automatic opening door, 4 split system air conditioners, excellent lighting, hard plaster ceilings, office with sink & kitchenette, loading dock with storage shelving & roller door, all in a fantastic central location with sunny northerly aspect and close to pedestrian crossing guaranteeing passing foot traffic. Indicative buyer range is $525,000 - $575,000 representing a return of 7.0%-7.6%. Do not miss this rare investment opportunity, call the appointed agents today for a comprehensive Information Memorandum and to arrange an inspection on 5352 2303 or 0417 509 025.