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The Reject Shop, 19 Main Street Cobram, VIC 3644

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For Sale

The Reject Shop, 19 Main Street Cobram, VIC 3644

Shop & Retail • Showrooms & Bulky Goods • Offices
Sale Price

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Land area

954.0m²

Floor area

750.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$136,590
Number of Tenants
1 Tenant
Tenants / Type
The Reject Shop

Renewed Lease to ASX Listed Tenant - Irreplaceable Position Next To McDonald’s

  • Securely leased to September 2023
  • The Reject Shop: ASX Listed/350 stores
  • Modern building constructed 2013
Renewed lease to September 2023
The Reject Shop Limited: ASX listed company with market cap $170.27 million and 350 plus stores nationally
Guaranteed growth with fixed annual 3% rent increases
Modern 750 sqm retail showroom constructed 2013
Large 954 sqm landholding with premium Commercial 1 zoning
Strategic town centre location amongst McDonald’s, IGA Supermarket, BWS Liquor, Subway, Major Banks etc
Excellent Tax Saving depreciation benefits
Cobram/Barooga: Important Murray River commercial service centre with 25,000 plus catchment population
Net Rent: $141,081 pa (as at Sept 2018)

Property ID: 502729010Last Updated: 20 May 2019

The Reject Shop, 19 Main Street
Cobram, VIC 3644

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000

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Kerr Real Estate

44 Punt Road
COBRAM, VIC 3644
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Email enquiry

Send to:

Jamie Perlinger
Burgess Rawson - Melbourne
The Reject Shop, 19 Main Street Cobram, VIC 3644

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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