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342 Belgrave-Gembrook Road Emerald, VIC 3782

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342 Belgrave-Gembrook Road,
Emerald, VIC 3782

Shops & Retail • Showrooms & Large Format Retail

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Map of 342 Belgrave-Gembrook Road

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FREESTANDING SUPERMARKET INVESTMENT

  • Lease term: 10 years + option
  • Land area: 4,776 sqm. approx.
  • 79 car spaces
Acquire this substantial freehold investment occupied by Ritchies IGA supermarket plus liquor.

The property is offered for sale by public auction on Wednesday 6th March at 12 noon on-site.

Key attributes of the property include:

* Located in the heart of the main street of Emerald and surrounded by national tenants including Shell, Commonwealth Bank and Australia Post
* Lease term: Ten (10) years + option
* Income: $328,784.16 p.a. + GST + outgoings
* Large landholding of 4,776 sqm approx.
* 79 car spaces at grade and on title
* Ritchies Directors Guarantees
* Adjacent to Puffing Billy Railway which receives in excess of 500,000 tourists annually

Located on Belgrave-Gembrook Road metres from Kilvington Drive in the heart of this increasingly popular town of Emerald. The town is well known for Emerald Lake and Puffing Billy Railway and is one of Victoria's main tourist attractions.

Property ID: 503083678Last Updated: 1 May 2019

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342 Belgrave-Gembrook Road
Emerald, VIC 3782

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