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76A Reid Street Wangaratta, VIC 3677

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76A Reid Street,
Wangaratta, VIC 3677

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AUCTION - CENTRAL FREEHOLD

FRIDAY 27th OCTOBER, 2017 AT 12 NOON (ON SITE)

* Home of the Wangaratta RSL sub-branch since 1952
* Two storey building approx. 720m2 (7750ft2)
* Eight sealed car parks with Reid Street & Victoria Parade access
* Currently offers restaurant/bistro, gaming, meeting/conference venue
* Ideal to continue as is or office/apartment conversion (STCA)
* Substantial fixtures & fittings included
* Architect's concept plans for serviced apartments available
* Currently leased by Wangaratta RSL sub-branch until 31st August, 2018 at $8,000p.c.m. + GST & outgoings

Auctioneers comments: This is an exciting opportunity to obtain a footprint of 685m2 land with a useable building, in the heart of the Rural City of Wangaratta. Offered for sale due to expansion & relocation of the sub-branch. Good short term yield expected.

TERMS: Sold subject to the existing lease. 10% deposit, residue within 30-60 days.
Offers prior to auction may be considered.

Additional information

Wangaratta, 3677 demographic data

The median household income for Wangaratta is $1,218, 12% lower than Regional Victoria's household income of $1,386. Wangaratta has an older age profile compared to the rest of Regional Victoria (median age 44 vs 43). Property ownership data shows 44% of property owners in Wangaratta have a mortgage.

19,214
Population
$1,218 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
03 5722 26...
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76A Reid Street
Wangaratta, VIC 3677
Garry Nash & Co - Wangaratta
23 Baker Street
WANGARATTA, VIC 3677

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