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Kmart Moe, Cnr Saviges & Albert Streets, Moe, Vic 3825

Kmart Moe, Cnr Saviges & Albert Streets, Moe, Vic 3825

Retail Showrooms/Bulky Goods

  • Sold Contact Agent
  • Fri 10-Feb-17

15 year net lease to Kmart

  • Rare free-standing retail investment
  • Net Passing Income of $806,875 pa* + GST
  • Huge site of 25,180sqm with 494 carparks

  • Land Area
  • 2.52ha (6.22 acres) (approx)
  • Floor Area
  • 6,298 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Apr 03, 2017
  • Car Spaces
  • 494
  • Zoning
  • Commercial 1

Interested in this property? Contact an Agent today

JLL - Melbourne

Level 40, 101 Collins Street

Melbourne Vic 3000

15 year net lease to Kmart

• Rare free-standing, single tenanted retail investment
• 15 year lease to Kmart Australia Ltd commenced August 2013
• 1 further term of 10 years
• Site Area of 25,180 sqm
• GLA of 6,298 sqm*
• Commercial 1 Zoning
• Net Passing Income of $806,875 pa* + GST
• Kmart currently paying turnover rent
• Recently refurbished internally in 2014
• The property comprises 494 carparks on-site equating to a ratio of 7.84 bays/100sqm
*Approx.

FOR SALE BY EXPRESSIONS OF INTEREST
Closing 3pm Thursday 22 September 2016

Kmart Moe, Cnr Saviges & Albert Streets, Moe, Vic 3825

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