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Cheap As Chips, 94 Brown Street, HAMILTON, VIC, 3300

2. Property Highlights

Thriving Essential Service Freehold Investment
  • Secure 10 Year Lease to 2026
  • Fixed 2.25% Annual Rent Increases
  • Huge 5,175sqm CBD site opposite Coles

**Potential 50% Stamp Duty Savings**

**Significant Depreciation Tax Benefits**

+ Securely leased to 2026, plus options through to 2036.

+ Cheap As Chips: Proven discount retailer with 42 stores nationally

+ One of the strongest performing stores which has traded extremely well through COVID

+ Refurbished 2,430 sqm building directly opposite a new Coles supermarket

+ 73 car spaces on-title plus an adjoining 180 spaces to the Coles Supermarket

+ 180 metres of triple retail frontage

+ Huge 5,162 sqm CBD site with seamless integration to Coles

+ Fixed 2.25% annual rent increases assuring growth

+ Tenant pays all usual outgoings as per the lease

+ Strategically positioned directly opposite Coles and within walking distance to McDonald's, KFC, CBA, Woolworths, Harvery Norman, IGA and the Southern Grampians Shire Council

+ Hamilton: The main retail and service centre within the Southern Grampians shire council with a captive trade catchment over 20,000

+ Net income: $333,328 pa + GST

For Sale by Investment Portfolio Auction

11.15am (AEDT) Thursday 11 November 2021

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

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3. Property Location

Cheap As Chips, 94 Brown Street, HAMILTON, VIC, 3300

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4. Due Diligence

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Cheap As Chips, 94 Brown Street, HAMILTON, VIC, 3300 Hamilton
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