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$2,200,000
2-10 Radcliffe Street
Echuca, Victoria 3564
Australia
Echuca, Victoria 3564
Australia
18,385.4 sqft ::
1,708 m2
Commercial for Sale, Other
Land size: 18,385 sqft ::
1,708 m2
Sale price per sqm: 856.55
Remarks:
This exceptional, fully leased commercial complex consists of two premises and offers the astute purchaser, a prime position with a secure income.
Home to the popular Radcliffe's Restaurant and TwistED Science - Echuca, these well-established businesses are exemplary tenants.
Echuca is one of the most highly sought-after tourist destinations in Victoria and with this property located in the heart of the Echuca Port Precinct, it really does pose the perfect location for your next investment.
Total Land size - 1,708m2
Zoned - Commercial 1
Long-term tenants in place
TwistED Science - Echuca has a 3 year lease in place which commenced on the 1st of July 2021 with further 3 year options available until the 30th of June 2033. Rental is currently $41,942.33 PA plus GST (CPI Increases Annually) Outgoings 40% of Water and Shire Rates.
Radcliffe's Restaurant has a 5 year lease in place which commenced on the 1st of April 2016, with further 5 year options available until the 30th of June 2036. Rental is currently $99,506.40 PA plus GST (CPI Increases annually) Outgoings 60% of Water and Shire Rates
Total return: $141,448.73 PA plus GST
Please Note: This property was not affected by the 2022 floods
Home to the popular Radcliffe's Restaurant and TwistED Science - Echuca, these well-established businesses are exemplary tenants.
Echuca is one of the most highly sought-after tourist destinations in Victoria and with this property located in the heart of the Echuca Port Precinct, it really does pose the perfect location for your next investment.
Total Land size - 1,708m2
Zoned - Commercial 1
Long-term tenants in place
TwistED Science - Echuca has a 3 year lease in place which commenced on the 1st of July 2021 with further 3 year options available until the 30th of June 2033. Rental is currently $41,942.33 PA plus GST (CPI Increases Annually) Outgoings 40% of Water and Shire Rates.
Radcliffe's Restaurant has a 5 year lease in place which commenced on the 1st of April 2016, with further 5 year options available until the 30th of June 2036. Rental is currently $99,506.40 PA plus GST (CPI Increases annually) Outgoings 60% of Water and Shire Rates
Total return: $141,448.73 PA plus GST
Please Note: This property was not affected by the 2022 floods
Location:
2-10 Radcliffe Street, Echuca, Victoria 3564, Australia
Listed By CENTURY 21 Rich River Real Estate
The Commercial for Sale, Other located at 2-10 Radcliffe Street, Echuca, Victoria 3564, Australia is currently for sale. 2-10 Radcliffe Street, Echuca, Victoria 3564, Australia is listed for $2,200,000. This property has 1,708 m2. If the property located at 2-10 Radcliffe Street, Echuca, Victoria 3564, Australia isn't what you're looking for, search Victoria Real Estate to see other Commercial For Sale in Echuca.