Classic Woolworths Investment, Freestanding, Net Lease
Description
+ Securely leased to Woolworths, one of Australia’s most desirable tenants
+ Long lease with options to August 2043
+ Preferred net lease terms with Woolworths paying outgoings
+ Rental growth phase imminent
+ Substantial 4,675 sqm full line supermarket with all departments including BWS liquor
+ Significant 10,375 sqm landholding providing abundant customer parking
+ Recent $1.5million upgrade by Woolworths, car park about to undergo $300,000 improvements
+ Excellent tax saving depreciation benefits
+ Seymour: growing commuter centre, less than 1 hour from Melbourne
+ Net Income: $800,000 pa + GST
For Sale by Auction
12 noon Wednesday 30 October 2019
River Room, Crown Casino, Melbourne
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Contact agents
Shaun Venables Partner
0411 860 865Graeme Watson Consultant
0419 717 171Enquiry Form
Seymour, VIC
28 Williams Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 132