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103 Franklin Street
Traralgon VIC 3844
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Sold on 29 Nov 2024

103 Franklin Street Traralgon VIC 3844

  • Shop & Retail
  • 173 m²
  • Sold

Affordable Investment Located In Gippsland's Best Commercial Precinct

    > High quality commercial investment with secure, longstanding tenant 'Black Pepper" in occupation for over 10 years
    > Current gross rent $59,769 p.a (increasing to $61,562 p.a from 01/02/25)
    > 3 year term commenced 01/02/23 with 1 further option of 3 years
    > 3% fixed annual increases guarantees compounding rent
    > Contemporary internal fit out, suspended ceiling, modern shopfront, staff amenities
    > Total building area 173m2*; site area 287m2*
    > Rear access via Post Office Lane with 3 on site car spaces*
    > Zoned Activity Centre Zone (ACZ) - Latrobe Planning Scheme
    > Black Pepper established in 1976 is an iconic women's fashion brand owned by Brand Collective, who have 25 fashion brands under their umbrella, and are one of the largest retail groups in Australia
    > Potential 50% stamp duty concession available as at November 2024

    Online Auction Thursday 12th December 2024 at 4:00pm, contact us for registration details (if not sold prior)

    *(approx.)

    AUCTION

    Auction date and time12/12/2024 16:00
    Auction location103 Franklin Street, Traralgon VIC
    Wilson Property
    Wilson Property
    Ground Floor, 62 Church Street
    Traralgon, VIC 3844

    Property Highlights

    Date Sold29 Nov 2024
    Floor Area173 m²
    Land Area287 m²
    Parking3 x Onsite parkings
    Property ID2019622329
    Category
    Last updated  2 Dec 2024
    Map for 103 Franklin Street Traralgon VIC 3844
    Wilson Property
    Wilson Property
    Ground Floor, 62 Church Street
    Traralgon, VIC 3844

    Property Highlights

    Date Sold29 Nov 2024
    Floor Area173 m²
    Land Area287 m²
    Parking3 x Onsite parkings
    Property ID2019622329
    Category
    Last updated  2 Dec 2024

    Co-Agents

    More about 103 Franklin Street Traralgon VIC 3844

    103 Franklin Street Traralgon VIC 3844 is categorized as Shop & Retail Property. It has a floor area of 173 m² and a land area of 287 m². There are 3 x onsite parkings.The listing ID for this property is 2019622329.

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