Target Country, 21-27 High Street,
Cobram, VIC 3644

Shops & Retail

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of Target Country, 21-27 High Street

Directions

Freestanding Retail Investment

Renewed 5 year lease + option to 2024
Strategic trophy position on High Street
ASX Listed Tenant

Recently renewed 5 year lease plus option to 2024.
Target Australia Pty Ltd: wholly owned subsidiary of Wesfarmers Ltd, a Top 10 ASX listed company with.
operating income of $59.8 billion (FY 2013).
Prominent 1,380 sqm building with 30 metre retail frontage plus rear lane access.
Significant 1,472 sqm site with premium Commercial 1 zoning.
Tenant pays usual outgoings including single holding land tax.
Unrivalled and strategic trophy position at the intersection of two major retail strips.
Cobram: important Murray region service centre with growing trade catchment population in excess of 20,000.
Rent: $168,956 pa.

Interstate and local bidding is available by prior arrangement.

Auction 11am Wednesday 6 August, Crown Casino.

Cobram, 3644 demographic data

The median household income for Cobram is $1,026, 26% lower than Regional Victoria's household income of $1,386. Cobram has an older age profile compared to the rest of Regional Victoria (median age 48 vs 43). Property ownership data shows 36% of property owners in Cobram have a mortgage.

6,148

Population

$1,026 per week

Median household income

48 years

Median age

Owners

Most residents

Families

Most households