40 Moore Street,
Ararat, VIC 3377
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
40 Moore Street
Ararat, VIC 3377
Map of 40 Moore Street
Long 10 Year Lease to National Retailer | Strategic Position Opposite ALDI & IGA
- 10 year lease to 2032 + options
- Cheap as Chips, Est. 1985, 50+ stores
- 1,256sqm building, 4,284sqm landholding
+Long 10 year lease to 2032 plus options to 2042
+Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores
+Annual CPI rent reviews
+Large 1,256sqm* building plus 28 sealed and line car spaces on-title
+Significant 4,284sqm* landholding provides opportunity to extend buildings STCA
+Strategic position opposite two strong trading supermarkets, ALDI & IGA
+Single tenant minimum management investment
+Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment
+Potential 50% Stamp Duty Savings
+Net Income: $159,782 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne
+Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores
+Annual CPI rent reviews
+Large 1,256sqm* building plus 28 sealed and line car spaces on-title
+Significant 4,284sqm* landholding provides opportunity to extend buildings STCA
+Strategic position opposite two strong trading supermarkets, ALDI & IGA
+Single tenant minimum management investment
+Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment
+Potential 50% Stamp Duty Savings
+Net Income: $159,782 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne
Ararat, 3377 demographic data
The median household income for Ararat is $1,216, 12% lower than Regional Victoria's household income of $1,386. Ararat has an older age profile compared to the rest of Regional Victoria (median age 45 vs 43). Property ownership data shows 41% of property owners in Ararat have a mortgage.
8,500
Population
$1,216 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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