New 15 year lease to 2031 plus 10 year option to 2041.
Coles Express: A growing subsidiary of Coles Group Limited with 662+ outlets. Wholly owned by Wesfarmers Limited an ASX top 10 Company.
Attractive fixed annual 3.5% rental increases.
Lessee pays all usual outgoings including land tax.
High profile 1,503 sqm CBD site, next to The Village: Bacchus Marsh Shopping Centre anchored by Coles, Aldi, Target, Reject Shop plus 43 specialty shops and 672 car spaces.
Significant taxation depreciation benefits.
Bacchus Marsh: boom satellite suburb only 11 kms from metropolitan
Melbourne, within Moorabool Shire experiencing major population growth, forecast to reach 53,270 by 2041.
Rent: $240,000 pa.