High Yielding 10%+ CBD Investment
Description
Stearns, Bendigo’s principal jeweller.
Showcase Jewellers, a national group of 170 outlets.
Recently renewed 5 + 5 year lease from July 2017 to June 2027.
Large 250 sqm tenancy for personal and on-line retailing, product servicing and production.
Prime corner with aspect to busy pedestrian link between Coles and Myer, next to Officeworks and close to a major car park.
Annual CPI and 5 year market reviews.
Tenant pays usual outgoings and GST as per lease.
Bendigo: A major regional city 150km from Melbourne, with a growing population of 111,783 (June 2016).
Rent: $100,000 pa.
Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne
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Bendigo, VIC
18 Queen Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 118