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Woolworths Lara 50 Centre Way, Lara, Vic 3212

Woolworths Lara 50 Centre Way, Lara, Vic 3212

Retail

  • Sold Contact Agent
  • Thu 09-May-19

THE MOST ACCESSIBLE SUPERMARKET IN THE CATCHMENT

  • The Ultimate Set & Forget Investment
  • Highly Trafficked Corner Landholding
  • Net Income of $1,286,000 pa*

  • Land Area
  • 0.88ha (2.18 acres) (approx)
  • Floor Area
  • 4,224 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

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

THE MOST ACCESSIBLE SUPERMARKET IN THE CATCHMENT

- The highest quality, full line supermarket appealing to the needs of its customers (4,224sqm*), within the vibrant Lara Town Centre

- The epitome of a 'SET & FORGET' investment, long 12 year single tenant lease to one of Australia's strongest tenants

- New build providing minimal capital expenditure requirements & significant depreciation benefits

- Strategic mix of at grade & basement car parking providing convenience in all weather conditions & a clear point of difference

- Main trade area expected to reach 23,630 by 2031, with growth being fuelled by proximity to Melbourne & Avalon Airport

- Net income of $1,286,000 per annum*

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

Woolworths Lara 50 Centre Way, Lara, Vic 3212

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