Successful Freestanding Coles Supermarket

Description

+ Coles Group: Blue-Chip $20 billion ASX-listed retailer
+ Net lease with Coles paying usual outgoings including Land Tax
+ Secure 20 year lease plus two x ten year options to 2043
+ Drouin: booming satellite suburb 33kms from metro Melbourne, forecast 90% population growth by 2041^
+ Commanding 4,874 sqm CBD corner site opposite McDonald’s
+ Ample on-site parking plus integrated council parking
+ Significant taxation saving depreciation
+ Net Income: $642,106 pa (projected October MAT)

For Sale by Auction
11 am Wednesday 11 December 2019
River Room, Crown Casino, Melbourne

^forecast.id

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Contact agents
Raoul Holderhead Partner
0413 860 304
Billy Holderhead Partner
0422 817 696
Shaun Venables Partner
0411 860 865
Enquiry Form

Drouin, VIC

10 Hope Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 133

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