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Woolworths Curlewis 90 Centennial Boulevard, Curlewis, Vic 3222

Woolworths Curlewis 90 Centennial Boulevard, Curlewis, Vic 3222

Retail

  • Sold Contact Agent
  • Fri 03-May-19

VICTORIAN NEIGHBOURHOOD SHOPPING CENTRE WITH A BRAND NEW 12 YEAR LEASE TO WOOLWORTHS

  • WALE 10 Years
  • Huge Depreciation Benefits
  • Net Income of $1,115,000 pa*

  • Land Area
  • 1.23ha (3.04 acres) (approx)
  • Floor Area
  • 4,434 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 30, 2019

Interested in this property? Contact an Agent today

CBRE - Victoria

Level 34, 8 Exhibition Street

Melbourne Vic 3000

Justin Dowers, CBRE - Victoria
Justin Dowers
Ashley McIntyre, CBRE - Victoria
Ashley McIntyre

VICTORIAN NEIGHBOURHOOD SHOPPING CENTRE WITH A BRAND NEW 12 YEAR LEASE TO WOOLWORTHS

- High quality & conveniently designed neighbourhood shopping centre (4,434sqm*) anchored by a popular Woolworths Supermarket (12 Year Lease)

- Low management & highly secure shopping centre - recently constructed & with only 7 specialty shops, 2 ATM's & a Kiosk

- Opportunity of consistent rental upside given low average gross shop rents of $428psm*

- Exceptionally convenient - Effective mall design benefiting from 185* at grade car parks on title

- The only supermarket within a growing main trade area, expected to reach 10,800 residents in 2031 with no foreseeable competition threats**

- Fully Leased Net Income of $1,115,000 per annum*

- WALE 10 years

For information please contact the exclusive sales and marketing agents.

Justin Dowers
+61 448 077 505

Mark Wizel
+61 409 809 868

Kevin Tong
+61 422 868 818

Ashley McIntyre
+61 407 733 319

*Approx
**MacroPlan Dimasi

Woolworths Curlewis 90 Centennial Boulevard, Curlewis, Vic 3222

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