59 & 59A Seymour Street, Traralgon VIC 3844
Sold $970,000
6% Net Yield, Renewed Leases, Quality Tenants
To be sold ‘as one’, 2 securely leased commercial investments in one of Traralgon’s pre-eminent retail strips.
59 SEYMOUR STREET – CASH TRAIN
• Cash Train (Formerly Money3) has been in occupation since October, 2013
• Renewed 2 year lease commencing 1/7/21
• Rent $32,233 pa + GST + outgoings from the 1/7/21
• 3% fixed annual increases
• Two further 2 year options, with market review
• 142m2*, including front reception / customer service area, staff amenities and
kitchenette
• S/S air conditioning
• Rear roller door access
59A SEYMOUR STREET – GIPPSLAND COSMETIC LASER CLINIC
• Gippsland Cosmetic Laser Clinic has been in occupation since November, 2014
• Renewed 3 year lease commences 25/11/19
• Rent $28,980 pa + GST + outgoings
• 3% fixed annual increases
• One further 5 year option, with market review
• 142m2*, including front reception and 4 x consulting rooms, staff amenities &
kitchenette
• Ducted heating & cooling
• High spec modern fitout by tenant
(*approx)
Property Features
- Retail
- Floor Area is 390 m²
- 2 Car Spaces
- Satellite