Commercial Freehold, 225 Pakenham Street,
Echuca, VIC 3564
Key property information
Map of Commercial Freehold, 225 Pakenham Street
Exceptional Freehold – CBD Next door to The Echuca Post Office What a Location
-Tenant Prato Boutique Store
-Lease Month to Month
-Current Rent $47,454 Plus GST Plus Outgoings
Outstanding opportunity to acquire a highly sought after freehold investment in this vibrant premier shopping strip.
The population of Echuca/Moama is circa 21,242, tourism is a major generator of activity and injects $250m each year into the Echuca economy with its water sports and historical Port and large fleet of Paddle steamers.
Join other national companies in this coveted area, including The Echuca Post Office, House, Susan & Sportsgirl.
Offers prior to Auction considered.
Terms 10% Deposit Balance 60 Days
Recent Commercial Sales by Charles L King & Co.
176 – 178 Hare St Echuca $1800,000 Net Rent $90,000
Shop 2 & 3 519 -523 High St Book Store Sold 1,210,000 Net Rent $65,776
Shop 4 519-523 High St Clothing Retailer Sold $625,000 Net Rent 35,692
Shop 5 519 – 523 High St Vacant Possession $ 650,000
Call Gary Wood 04085057...
Terms 10% Balance 90 Days
Sold $860,000 /47,454 =5.1%
220 M2 /860000 = 390 M2
249 M2 /860,000 = $345 M2
Explore property virtually
Property ID: 504011007Last Updated: 22 Jun 2022
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