775 -783 Fifteenth Street, Mildura VIC 3500

Located at the gateway to Mildura this 11,976sqm C2 zone currently leased and operating as the Calder Tourist Holiday Park with 7 years to run on the lease and showing strong returns.

This high profile location with access to the Calder Highway and San Mateo Avenue affords exposure to high traffic volume and is within 1 kilometre of the Centro Plaza, Mildura's major shopping complex and the site is close to high profile National stores that include Harvey Norman, Rays Outdoors, Spotlight, Clive Peters, Auto Barn and many other major National retailers.

A rare opportunity to purchase 11,976sqm of C2 zoned land on 3 titles offering a myriad of possibilities in one of Victoria's major regional cities.

Current rental $149,750pa

Executive Summary

Land Area
Lot 2 San Mateo Frontage 25.18m 1,858.06m2
D. 25.18m x 78.6m

Lot 1 Fifteenth Street Frontage 40.23m 5,261m2
D.40.23m x 130.79m

775 Fifteenth Street Frontage 40.23m 4,856m2
D. 40.23m x 120.73m

TOTAL AREA 11,976m2

Total Fifteenth Street Frontage 80.46m

Total San Mateo Street Frontage 25.18m

Zoning Commercial 2

Lease Terms
18 years commencing 21st March 2002 Ending 27th March 2020 with a further option of 6 years.

Current Rental
$149,750 per annum
Review dates every 3 years, next review 27th March 2014 & 27th March 2017.
On March 15th each year of the term that does not have a review date specified, rent adjusted to CPI.

Improvements
House
Toilet Block/Laundry