For Sale

19-25 & 27-29 McCrae Street & 213 Beveridge Street,
Swan Hill 3585, Victoria

2,332m² land size
2,332m² building size
Retail

$2,500,000


Property details

Premier CBD Freehold Investment Anchored by Silly Solly's - Swan Hill

RWC Ballarat and Ray White Swan Hill are proud to present this unique property to the market. Offering a rare chance to acquire a substantial mixed-use asset at the heart of the Swan Hill Central Business District. This is the first time in nearly four decades that such a significant CBD property has been available to the market.

This multi-tenancy freehold is secured by a diverse mix of tenants, prominently featuring the fast-expanding national retailer, Silly Solly's. Additional income streams are provided by a Hospital Op-Shop, a specialized hairdressing wholesaler and residential units. Spanning a massive 2,332m2* corner landholding on a main road, this asset provides both immediate, stable returns and substantial potential for future enhancement or redevelopment (Subject to Council Approval).

Investment Highlights:

• Diverse and Stable Income: Income is generated across multiple sectors, including a strong anchor lease with Silly Solly's, a Hospital Op-Shop, a hairdressing supply business, and residential apartments.

• National Anchor Tenant: Silly Solly's is recognized as a high-growth national retail chain, boasting 23 locations across the eastern seaboard.

• Attractive Income Profile: The property generates a total rental income of $176,735.43* per annum.

• Commercial Leases: Commercial tenancies contribute $143,455.43pa (plus GST). These tenants are responsible for all property outgoings, excluding Building Insurance and Land Tax.

• Residential Leases: The residential units contribute $33,280pa in rental income.

• Inflation-Hedging Leases: Leases incorporate strong rental security through annual increases tied to CPI and Fixed 3% reviews.

• Significant Land Parcel: A prime 2,332m2* main road corner site offering excellent long-term development flexibility (STCA).

• Exceptional Main Road Presence: Boasts a prominent corner location with approximately 78m* of combined street exposure to McCrae Street and Beveridge Street.

• Core CBD Positioning: Situated in an unbeatable CBD location, surrounded by major retailers including Bunnings, Woolworths, ALDI, and Kmart, all within a 700m* radius.

• Strong Regional Economy: Swan Hill is a prosperous agricultural hub on the Murray River, supporting over 21,400 residents, 10,495 local jobs, and generating an annual economic output of $3.2 billion^.

This offering represents a unique opportunity to secure a dominant, income-producing CBD asset with outstanding potential for capital appreciation.

Property being sold in Conjunction with Ray White Swan Hill - Cameron Smits 0436 001 821

*Approximately

^ Source: Swan Hill Rural City Council

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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