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670-672 Fifteenth Street (Calder Hwy), MILDURA, VIC, 3500

2. Property Highlights

New Lease to Thriving Retail Giant- Central Freehold Site
  • Blue-Chip Investment
  • The Good Guys: Owned by JB Hi-FI Ltd
  • Renewed 5 Year Lease to 2027

+ Renewed lease to The Good Guys until 2027 with no further option.

+ Blue-chip tenant, a wholly owned subsidiary of ASX listed JB Hi-Fi Limited (JBH) with a market cap of $5.48 billion.

+ The Good Guys, a market leading white goods and electronics retailer with significant market share of the Australian market.

+ JB Hi-Fi Limited 316 stores Australia wide, FY21 sales up 12.6% to $8.9 billion.

+ Annual rent reviews

+ Modern building of 1,413sqm* with tax depreciation benefits.

+ High profile 6,699sqm* main road, freehold site with 52 on-title car spaces, 51.5 metres* of frontage to 18,281* vehicles passing per day.

+ Proven retail destination directly opposite Bunnings as well as being situated amongst Anaconda, Rebel Sport, Chemist Warehouse, Early Settler and Provincial Home Living.

+ Mildura: Bustling commercial centre of the Sunraysia and Murray River region, trade catchment circa 60,000 and growing.

+ Potential 50% Stamp duty savings.

+ Rent: $157,424 pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 23 February 2022

Crown Casino, Melbourne.

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

670-672 Fifteenth Street (Calder Hwy), MILDURA, VIC, 3500

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4. Due Diligence

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