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93 Argyle Street
Traralgon VIC 3844
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Sold on 14 May 2024

93 Argyle Street Traralgon VIC 3844

  • Shop & Retail
  • 531 m²
  • Sold

Immaculate Automotive Investment | Strategic 'Golden Mile' Highway Location

    Burgess Rawson is pleased to offer to the market Jaycar, 93 Argyle Street, Traralgon VIC, for sale via our Investment Portfolio Auction 168.

    This investment has the following key highlights:

    + As new Seven (7) year net lease to Jaycar to March 2029.
    + Two (2) further 5 year options to 2039.
    + Jaycar: leading international electronics retailer, with a network of 130+ stores across Australia and New Zealand. (1)
    + Fixed 2.5% annual rent increases, ensuring income growth.
    + Investor preferred net lease terms with tenant responsible for all usual outgoings as per the lease.
    + Modern 531sqm* refurbished retail building incorporating Jaycar's latest corporate design and layout & and a recent capital-intensive fit-out.
    + High Profile 980sqm* C2Z highway site providing exposure to more than 34,500+ vehicles passing daily. (2)
    + Strategic 'Golden Mile' location amongst highly sought-after Large Format Retail (LFR) precinct, including national retailers such as The Good Guys, Harvey Norman, ALDI, Officeworks, Bunnings & Amart.
    + Potential 50% stamp duty saving.
    + Traralgon: retail & commercial capital of the Latrobe Valley servicing a trade catchment of 75,000+ people. (3)
    + Net Income: $77,042 pa* + GST.

    For Sale by Investment Portfolio Auction
    10:30am AEST Tuesday 14 May 2024
    River Room, Crown Casino, Melbourne

    Bidder registration required, register here.

    * Approx
    (1) Jaycar
    (2) GapMaps
    (3) Latrobe City Council

    AUCTION

    Auction date and time14/05/2024 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold14 May 2024
    Floor Area531 m²
    Land Area980 m²
    ParkingAsk Agent
    Property ID2019188954
    Category
    Last updated  16 May 2024
    Map for 93 Argyle Street Traralgon VIC 3844
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold14 May 2024
    Floor Area531 m²
    Land Area980 m²
    ParkingAsk Agent
    Property ID2019188954
    Category
    Last updated  16 May 2024

    Co-Agents

    Zomart He 何梓轩
    Burgess Rawson VIC Pty Ltd
    Call
    0488 220 830
    Justin Kramersh
    Burgess Rawson VIC Pty Ltd
    Call
    0460 349 605
    Sam Mercuri
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 709

    More about 93 Argyle Street Traralgon VIC 3844

    93 Argyle Street Traralgon VIC 3844 is categorized as Shop & Retail Property. It has a floor area of 531 m² and a land area of 980 m². The listing ID for this property is 2019188954.

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