Echuca 2-10 Radcliffe Street
For Sale
$2,200,000
Quick Loan Calculator
Amazing Opportunity on Expansive Corner Site
Open Times
- Please contact Andrew Lochhead to arrange an appointment.
Share This Property
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 flood
Property Information
- Land area approx 1708sqm
- Floor area approx 1708sqm
Local Information Echuca
Education
Nearest Government Schools
- Echuca Primary School
- Moama Public School
- Echuca East Primary School
- Echuca College
- Echuca Twin Rivers Specialist School
- Echuca Twin Rivers Primary School
Nearest Private Schools
- St Joseph's College
- St Mary's School
- Moama Anglican Grammar School
- River City Christian College
Local Amenities
Services
- Echuca Police Station
- Echuca Fire Station
- Moama Post Office
Parks
- Echuca Wildlife Reserve
- Hopwood Gardens
- Victoria Park
- Lions Park
Healthcares
- Echuca Moama Family Practice
- Echuca Medical Centre
- Echuca Primary Care Clinic
- Echuca Hospital