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Woolworths 1-7 Peart Street, Leongatha, Vic 3953

Woolworths 1-7 Peart Street, Leongatha, Vic 3953

Retail

  • Sold Contact Agent
  • Thu 10-Oct-19

AUCTION THURSDAY - THE FREESTANDING SUPERMARKET INVESTMENT THAT TICKS ALL THE BOXES!

  • 20 Year Net Lease to Woolworths
  • Paying Turnover Rent
  • Net Income of $761,000 pa*

  • Land Area
  • 3267.00 m² (approx)
  • Floor Area
  • 3,143 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Nov 23, 2019

Interested in this property? Contact an Agent today

CBRE - Victoria

Level 34, 8 Exhibition Street

Melbourne Vic 3000

Joseph Du Rieu, CBRE - Victoria
Joseph Du Rieu
Justin Dowers, CBRE - Victoria
Justin Dowers

AUCTION THURSDAY - THE FREESTANDING SUPERMARKET INVESTMENT THAT TICKS ALL THE BOXES!

- The only major supermarket (3,143sqm* GLA) in the catchment perfectly positioned to service the people of Leongatha

- Located in the epicentre of Leongatha with convenient access to 142+ at grade car parks

- 20 year Net Lease to Australia's most dominant supermarket retailer expiring 2028 plus 8 x 5 year options

- Genuine future income prospects with the supermarket paying turnover rent

- Set to benefit from future development in the southern side of Leongatha with over 3,000 new residents expected to be settled south of the new hospital over the next 10 years

- Net income of $761,000 per annum*

FOR SALE VIA PUBLIC AUCTION AS PART OF THE CBRE PREMIUM PROPERTY PORTFOLIO AUCTION TO BE HELD ON 10TH OCTOBER 2019 FROM 6.00PM (AEDT) AT ZAGAME FERRARI, LEVEL 1, 430 SWAN STREET, RICHMOND, VIC

For further information please contact the exclusive sales and marketing agents


Mark Wizel
+61 411 694 756

Justin Dowers
+61 438 098 805

Joseph Du Rieu
+61 408 892 976

Kevin Tong
+61 422 848 818

*approx

Woolworths 1-7 Peart Street, Leongatha, Vic 3953

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