Ararat supermarket achieves $3 million

Date: 19 October 2017
Mandy Baird of First National Commercial Ararat reports the sale of a supermarket, currently leased by Ritchies Supa IGA & Liquor in Ararat.

The property, which incorporated 2,499 square metres and a large basement, was sold for three million dollars with a 10 year lease (10 year option) currently returning 6.6 per cent - $244,778.  The site itself comprised some 5,272 square metres and included a 3-bedroom weatherboard home as well as 76 car spaces.
 
Back to articles Filed under: Media / National|VIC News Tags: ararat, lease, supermarket
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