SECURE NEW LEASE TO POWERHOUSE ASX LISTED & STRONG TRADING RETAIL TENANT

Fitzroys in conjunction with Stonebridge, under instructions from Advise Transact are delighted to offer this impressive, new delivered freehold investment at 61-63 High Street, Maryborough for sale via public auction on Wednesday 2nd April at 1pm.

Key highlights include:

•  Long term 6 year lease to national retail giant, The Reject Shop (over 380 stores across Australia)
•  Australian Stock Market Listed tenant (ASX Code: TRS) with FY24 turnover of $852.7m**
•  Returning $180,000 per annum plus GST
•  Fixed annual rental increases providing excellent built in income growth
•  Land area of 800sqm* with dual frontage to High St and Clarendon St of over 15 metres each
•  Immaculately presented building of 750sqm* purposely delivered to the requirements of The Reject Shop
•  Strategically positioned in the heart of Maryborough’s retail core surrounded by a range of national Tenants including CBA, NAB, ANZ, Priceline, RACV, Subway, KFC, and within close proximity to Woolworths Supermarket, Coles Supermarket and K Mart department store
•  Strong tax depreciation benefits available
•  Eligible for 50% stamp duty saving associated with Victorian regional commercial property

Maryborough is a major landmark Victorian township located 40km* north of Ballarat and 55km* south-west of Bendigo.

For further information or an inspection of 61-63 High Street, Maryborough please contact the exclusive selling agents Stonebridge and Fitzroys.

*approx
**therejectshop.com.au

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