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47 Bank Street Cobram, VIC 3644

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47 Bank Street,
Cobram, VIC 3644

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Metcash Limited backed Freestanding Supermarket

  • Metcash Limited backed Supermarket
  • Strategic Retail Landholding
  • Proven trader for over 80 years
Renewed lease to Nov 2018 plus options to 2028.
Long established and successful supermarket for over 50 years with usual departments including liquor.
Lease provides annual CPI reviews plus turnover rent provisions - rent below market levels.
High profile site of 3,656 sqm with four street frontages totaling 148 metres amongst complimentary retailers including CBA, ANZ, Bendigo Bank and Reject Shop.
Well maintained 1,400 sqm building with on-title and on-street parking.
Tenant pays usual outgoings (ex insurance).
Cobram/Barooga: Important Murray River regional service centre with 25,000 plus catchment population.
Rent: $165,695 pa (underlet).

Auction 11am AEST Wednesday 16 September
River Room, Crown Casino Melbourne

Property ID: 501674689Last Updated: 15 Aug 2016

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47 Bank Street
Cobram, VIC 3644
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Kerr Real Estate
44 Punt Road
COBRAM, VIC 3644

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