30 & 30A Station Street,
Seymour, VIC 3660
Shops & Retail
Price information
Sold
$340,000
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Return
Map of 30 & 30A Station Street
Two Shops | Freehold Retail | Fully Leased | $24k PA Net
* Large freehold, main street of town, next to Railway Club Hotel
* Scope for future uplift via refurbishment and rental growth
* Double shop frontage, solid brick construction
* Minimal retail vacancy in tightly held local property market
* Combined net rental of $24,545.45
Baba's Kitchen - 30A Station Street
* approx 85 sqm
* Commenced 3 + 3 year term on 01/07/2017
* 3.5% increase pa
* Net amount is $10,909.09 pa
* $1000 security deposit
* Gross lease $13,690.91pa or $1255 per month inclusive of GST (as written on the lease).
* Gross monthly rent inclusive of GST to be increased to $1354.00 ($14,770.91 pa gross) on 24/11/2017 plus there will still be the 3.5% increase from this figure on the anniversary being 01/07/2018.
Spicevilla - 30 Station Street
* approx 100 sqm
* Commenced 3 + 3 year term on 14/05/2017
* 3% increase pa
* Net amount is $13,636.36 pa
* $1000 security deposit
* Gross lease $16,538.18 pa or $1516 per month inclusive of GST (as written on the lease)
* Gross monthly rent inclusive of GST to be increased to $1615.33 ($19,090.26 pa gross) on 24/11/2017 plus there will still be the 3% increase from this figure on the anniversary being 14/05/2018.
* Scope for future uplift via refurbishment and rental growth
* Double shop frontage, solid brick construction
* Minimal retail vacancy in tightly held local property market
* Combined net rental of $24,545.45
Baba's Kitchen - 30A Station Street
* approx 85 sqm
* Commenced 3 + 3 year term on 01/07/2017
* 3.5% increase pa
* Net amount is $10,909.09 pa
* $1000 security deposit
* Gross lease $13,690.91pa or $1255 per month inclusive of GST (as written on the lease).
* Gross monthly rent inclusive of GST to be increased to $1354.00 ($14,770.91 pa gross) on 24/11/2017 plus there will still be the 3.5% increase from this figure on the anniversary being 01/07/2018.
Spicevilla - 30 Station Street
* approx 100 sqm
* Commenced 3 + 3 year term on 14/05/2017
* 3% increase pa
* Net amount is $13,636.36 pa
* $1000 security deposit
* Gross lease $16,538.18 pa or $1516 per month inclusive of GST (as written on the lease)
* Gross monthly rent inclusive of GST to be increased to $1615.33 ($19,090.26 pa gross) on 24/11/2017 plus there will still be the 3% increase from this figure on the anniversary being 14/05/2018.
Property ID: 502607038Last Updated: 21 Dec 2017
30 & 30A Station Street
Seymour, VIC 3660
Modo PropertySuite 6, 609 Canterbury Road
SURREY HILLS, VIC 3127
SURREY HILLS, VIC 3127
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