Best & Less, 43 McCrae Street,
Swan Hill, VIC 3585

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of Best & Less, 43 McCrae Street

Directions

Retail Investment With Thriving City Centre

Prime CBD Retail Investment
Corner site opposite shopping centre
Best & Less: 186 stores nationally

Modern 1,160 sqm retail centre incorporating Best & Less and Showbiz Cinema complex (consisting of 3 cinemas)
Best & Less: 5 year lease to 2020 plus options through to 2030 - occupied since 2005
Showbiz Cinema’s 5 year lease to 2020 plus two further options
Annual CPI reviews
Commanding 1,300 sqm CBD corner with retail frontage and exposure of 67+ metres and 5 on-site car spaces
Prime CBD position directly opposite Swan Hill Square Shopping Centre anchored by Coles, Liquorland etc, plus 130+ car spaces, and close proximity to Swan Hill Medical Centre and Hospital
Swan Hill: thriving Murray River regional City, trade catchment 20,800
Rent: $151,860 pa (Oct 2017 assuming 2% CPI)

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Swan Hill, 3585 demographic data

Swan Hill and Regional Victoria have similar median household incomes, at $1,390. Swan Hill has a younger age profile compared to the rest of Regional Victoria (median age 38 vs 43). Property ownership data shows 45% of property owners in Swan Hill have a mortgage.

11,186

Population

$1,390 per week

Median household income

38 years

Median age

Owners

Most residents

Families

Most households