491-497 High Street,
Echuca, VIC 3564

Shops & Retail • Offices • Other

Price information

Sold

$1,325,000

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 491-497 High Street

Directions

SOLD $1,325,000 Executors Auction - Central Echuca Commercial Freehold - 2 Premises

* Opposite McDonalds, one of Echuca's most prominent corner locations.
* Dual Fronted Premises with excellent exposure.
* Outstanding investment opportunity with upside.
* Two premises, one with a national tenant - Subway.
* National tenant has a new 7 year lease.
* Located in thriving commercial and tourist hub.

CURRENT RENT:
1. Subway
$60,770 plus GST.
7 year lease plus 2 further terms of 7 years.
Rental increase of 3% per annum.

2. Vacant building (was Vintage Bazar)
$36,000 potential rent per annum

This property will take place at 'The Mercure Port of Echuca' at 465 High Street, Echuca on Saturday 6th April at 1pm.

Property ID: 504535216Last Updated: 12 Jun 2024

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