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Burgess Rawson - Melbourne

Cheap As Chips, 94 Brown Street Hamilton, VIC 3300

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Cheap As Chips, 94 Brown Street,
Hamilton, VIC 3300

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Burgess Rawson - Melbourne
Raoul Holderhead
Justin Kramersh

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Cheap As Chips, 94 Brown Street
Hamilton, VIC 3300

Map of Cheap As Chips, 94 Brown Street

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Thriving Essential Service Freehold Investment

  • Secure 10 Year Lease to 2026
  • Fixed 2.25% Annual Rent Increases
  • Huge 5,175sqm CBD site opposite Coles
**Potential 50% Stamp Duty Savings**
**Significant Depreciation Tax Benefits**

+ Securely leased to 2026, plus options through to 2036.
+ Cheap As Chips: Proven discount retailer with 42 stores nationally
+ One of the strongest performing stores which has traded extremely well through COVID
+ Refurbished 2,430 sqm building directly opposite a new Coles supermarket
+ 73 car spaces on-title plus an adjoining 180 spaces to the Coles Supermarket
+ 180 metres of triple retail frontage
+ Huge 5,162 sqm CBD site with seamless integration to Coles
+ Fixed 2.25% annual rent increases assuring growth
+ Tenant pays all usual outgoings as per the lease
+ Strategically positioned directly opposite Coles and within walking distance to McDonald's, KFC, CBA, Woolworths, Harvery Norman, IGA and the Southern Grampians Shire Council
+ Hamilton: The main retail and service centre within the Southern Grampians shire council with a captive trade catchment over 20,000
+ Net income: $333,328 pa + GST

For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021

Property ID: 503923430Last Updated: 4 Jan 2022

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