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491-497 High Street
Echuca VIC 3564
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Sold on 8 Apr 2024

491-497 High Street Echuca VIC 3564

  • Shop & Retail
  • 530 m²
  • Sold, $1,325,000

SOLD $1,325,000 Executors Auction - Central Echuca Commercial Freehold - 2 Premises

    * Opposite McDonalds, one of Echuca's most prominent corner locations.
    * Dual Fronted Premises with excellent exposure.
    * Outstanding investment opportunity with upside.
    * Two premises, one with a national tenant - Subway.
    * National tenant has a new 7 year lease.
    * Located in thriving commercial and tourist hub.

    CURRENT RENT:
    1. Subway
    $60,770 plus GST.
    7 year lease plus 2 further terms of 7 years.
    Rental increase of 3% per annum.

    2. Vacant building (was Vintage Bazar)
    $36,000 potential rent per annum

    This property will take place at 'The Mercure Port of Echuca' at 465 High Street, Echuca on Saturday 6th April at 1pm.

    AUCTION

    Auction date and time06/04/2024 13:00
    Auction locationThe Mecure Conference Centre Inn
    Charles L King First National Echuca
    Charles L King First National Echuca
    172 Hare St
    Echuca, VIC 3564

    Property Highlights

    Date Sold8 Apr 2024
    Sold Price$1,325,000
    Floor Area530 m²
    Land Area947 m²
    ParkingAsk Agent
    Property ID2019096382
    Category
     Shop & Retail
     Offices
     Other
    Last updated  7 Apr 2024
    Map for 491-497 High Street Echuca VIC 3564
    Charles L King First National Echuca
    Charles L King First National Echuca
    172 Hare St
    Echuca, VIC 3564

    Property Highlights

    Date Sold8 Apr 2024
    Sold Price$1,325,000
    Floor Area530 m²
    Land Area947 m²
    ParkingAsk Agent
    Property ID2019096382
    Category
     Shop & Retail
     Offices
     Other
    Last updated  7 Apr 2024

    Co-Agents

    Troy O'Brien
    Troy O'Brien
    Charles L King First National Echuca
    Call
    0418 570 576
    Gary Wood
    Gary Wood
    Charles L King First National Echuca
    Call
    0408 505 733

    Enquire about this property

      Contact information

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              More about 491-497 High Street Echuca VIC 3564

              491-497 High Street Echuca VIC 3564 is categorized as Shop & Retail Property. It has a floor area of 530 m² and a land area of 947 m². The listing ID for this property is 2019096382.

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