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Liquorland, 28 Park Street, Woonona, NSW 2517

Liquorland, 28 Park Street, Woonona, NSW 2517

Retail Hotel/Leisure Showrooms/Bulky Goods

  • Sold Contact Agent
  • Tue 09-Nov-21

Rare, Entry-Level Liquorland (Coles Group) Investment

  • New 5 Year lease to Coles Group
  • Blue-chip $23 billion tenant
  • Growth location: Sea-change-&-commute

  • Land Area
  • 607.00 m² (approx)
  • Floor Area
  • 454 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Nov 25, 2021

Interested in this property? Contact an Agent today

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Rare, Entry-Level Liquorland (Coles Group) Investment

Brand new 5-year lease plus 8 x 5-year options.
Liquorland: Wholly owned subsidiary of Coles Group (ASX: COL) one of Australia’s top retailers with FY2021 sales of $39.6 billion.**
Coles liquor, a blue-chip network of 929 Liquorland, Vintage Cellars and First Choice Liquor Market stores across Australia.
Annual, fixed compounding 2% rent increases, ensuring certain rental growth.
Idyllic beach-gateway location within convenience retail precinct including Woonona Train Station, Supermarket, Australia Post, Newsagency and 67-space car park all within 100 meters.
Strategically positioned just minutes from the beach, Woonona High School and Woonona Surf Lifesaving Club.
Includes a 4-bedroom first floor apartment and 6 car spaces on title.
Woonona: Experiencing rapid growth with house prices up 22.5% since January 2021.***
City of Wollongong: booming growth corridor location, 58km south of the Sydney CBD with population forecast to grow 26.04% to 278,744 by 2041.****
Estimated net rent $94,107 pa (fully leased)

For Sale by Investment Portfolio Auction
11am (AEDT) Tuesday 9 November 2021

**Coles Group
*** Realestate.com.au

Liquorland, 28 Park Street, Woonona, NSW 2517

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