62-64 Hotham Street Traralgon VIC 3844

Absolute prime CBD location, double shop with a highly successful and long-established business.

Very modern premises with a total site area of approximately 730m2. A building area of approximately 322m2 with bonus rear lane access.

New 10-year lease from 1st August 2024 and commencing rent of $103,440 per annum + GST and tenant pays outgoings (excluding Land Tax).
Rental reviews at 3% annually, there are a further 4 options of 5 years.

But There Is More!
A further income is generated by 9 commercial style storage units accessed from the rear lane, generating approximately $14,928 per annum net when fully occupied. A set and forget portfolio addition.

For more information contact Grant Williams 0412 513 470, Chris Williams 0412 517 292 or direct at Keith Williams Real Estate Traralgon 03 5174 7777.