103 Franklin Street,
Traralgon

• High quality commercial investment with secure, longstanding tenant 'Black Pepper" in occupation for over 10 years
• Current gross rent $59,769 p.a (increasing to $61,562 p.a from 01/02/25)
• 3 year term commenced 01/02/23 with 1 further option of 3 years
• 3% fixed annual increases guarantees compounding rent
• Contemporary internal fit out, suspended ceiling, modern shopfront, staff amenities
• Total building area 173m2*; site area 287m2*
• Rear access via Post Office Lane with 3 on site car spaces*
• Zoned Activity Centre Zone (ACZ) - Latrobe Planning Scheme
• Black Pepper established in 1976 is an iconic women's fashion brand owned by Brand Collective, who have 25 fashion brands under their umbrella, and are one of the largest retail groups in Australia
• Potential 50% stamp duty concession available as at November 2024

Online Auction Thursday 12th December 2024 at 4:00pm, contact us for registration details (if not sold prior)

*(approx.)