• Chris Watt
  • CENTURY 21 Home Port

For Sale

AUCTION

52-54 High Street, Hastings, VIC 3915

  • Retail

Last updated: 7th March 2019

Listing ID: 2790

  • 392.0m2 Floor area
  • 400.0m2 Land area

TICKS ALL THE BOXES - National Australia Bank Freehold

The best retail location in town. Lock up shop of approx. 392m² with brand new 5+5+5 year lease to National Australia Bank Ltd. with current net rent of $90,000 per annum with 3% fixed annual increases averaging $95,564 over current term.

Situated on main walkway between Coles and Woolworths Supermarkets and surrounded by convenient parking and supporting businesses including Telstra, other Banks, Post Office, Newsagent, Pharmacies, Dry Cleaner, Butcher, Bakeries and Health Food retailer this property enjoys more foot traffic than any other location in Hastings.

Originally designed to accommodate separate premises, this property was extensively refitted by current tenant when they first occupied in 1985 and may command increased rent if converted to separate occupancies (STCA).

With huge Defence Force Base and Bluescope Steel Coated Products Mill nearby plus potential for future Container Terminal in the Port, Hastings offers potential for growth unrivaled by any other Victorian location. Contact Agent for detailed Information Memorandum.

Ideal Low Risk, Long Term Self-Managed Super Fund investment.

Terms: 10% Deposit. Balance 60 days.

Contact Auctioneer, Chris Watt on 0417 588 321.

WalkScore®

This property is very walkable with most errands able to be accomplished on foot. Great for getting chores done over lunchtime. Seek out the lunch and coffee options close by. There is some transit available from here with a few nearby public transportation options.

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  • Chris Watt
  • CENTURY 21 Home Port