Watch Watch
Sold Check
+15 Photos
40 Moore Street, ARARAT, VIC, 3377

2. Property Highlights

Long 10 Year Lease to National Retailer | Strategic Position Opposite ALDI & IGA
  • 10 year lease to 2032 + options
  • Cheap as Chips, Est. 1985, 50+ stores
  • 1,256sqm building, 4,284sqm landholding

+Long 10 year lease to 2032 plus options to 2042

+Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores

+Annual CPI rent reviews

+Large 1,256sqm* building plus 28 sealed and line car spaces on-title

+Significant 4,284sqm* landholding provides opportunity to extend buildings STCA

+Strategic position opposite two strong trading supermarkets, ALDI & IGA

+Single tenant minimum management investment

+Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment

+Potential 50% Stamp Duty Savings

+Net Income: $159,782 pa* + GST

For Sale by Investment Portfolio Auction

10:30am AEST Wednesday 10 May 2023

Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady

Read More

3. Property Location

40 Moore Street, ARARAT, VIC, 3377

Property Map

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
calculator-icon Yield Calculator
calcultor-icon Yield Calculator