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40 Moore Street, ARARAT, VIC, 3377
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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

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Justin Kramersh
Justin Kramersh
+61 *** *** *** show +61 460 349 605
Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865

3. Property Location

40 Moore Street, ARARAT, VIC, 3377

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4. Due Diligence

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40 Moore Street, ARARAT, VIC, 3377 Ararat
Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Justin Kramersh
Justin Kramersh
+61 *** *** *** show +61 460 349 605
Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865
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