76-78 Brown Street,
Hamilton, VIC 3300
Shops & Retail • Showrooms & Large Format Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Property extent
Sold on
Map of 76-78 Brown Street
PROFITABLE FREEHOLD AVAILABLE
Currently tenanted by George Taylor's Stores and Flight Centre, this freehold in prominent Hamilton position is priced to sell.
George Taylor's Store area includes a retail area of 750m2 plus upper level, increasing the floor space by 405m2. Flight Centre area is 50m2. Both Flight Centre and George Taylor's Stores are long standing, viable tenants with existing leases in place, with one vacant shop (of 50m2) front with excellent rental potential and current return of 12%. Zoned Commercial.
Flight Centre lease runs to July 2019 with option for additional 3 years. Current rent $10,000 (Inc GST) P.A. 2% annual increases.
George Taylor's Store lease runs to March 2019 with option for additional 3 years. Current rent $59,800 (inc GST)P.A. with annual CPI reviews. Tenant pays rates.
Vacant shop total potential rent $7,200 (Inc GST) P.A.
George Taylor's Store area includes a retail area of 750m2 plus upper level, increasing the floor space by 405m2. Flight Centre area is 50m2. Both Flight Centre and George Taylor's Stores are long standing, viable tenants with existing leases in place, with one vacant shop (of 50m2) front with excellent rental potential and current return of 12%. Zoned Commercial.
Flight Centre lease runs to July 2019 with option for additional 3 years. Current rent $10,000 (Inc GST) P.A. 2% annual increases.
George Taylor's Store lease runs to March 2019 with option for additional 3 years. Current rent $59,800 (inc GST)P.A. with annual CPI reviews. Tenant pays rates.
Vacant shop total potential rent $7,200 (Inc GST) P.A.
Property ID: 502217550Last Updated: 23 Mar 2017
04082131...
76-78 Brown Street
Hamilton, VIC 3300
Wilsons Warrnambool & District Real Estate - Warrnambool2/505 Raglan Parade
WARRNAMBOOL, VIC 3280
WARRNAMBOOL, VIC 3280
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Elders Real Estate, 89 Gray Street,Hamilton, VIC 3300 535 m²Shops & Retail • Offices • Medical & Consulting
Contact Agent
Westpac, 96 Gray Street,Hamilton, VIC 3300 486 m²Shops & Retail • Offices • Medical & Consulting
Contact Agent
Coles, 104 Lonsdale Street,Hamilton, VIC 3300 3870 m²Shops & Retail • Showrooms & Large Format Retail • Other