Proven 1,253sqm Retail Site Opposite Coles Supermarket

Description

+ Near 100% occupancy, majority healthcare and professional tenants including Australian Clinical Labs and H & R Block.
+ Proven Plaza across 4 lots including 13 retail shops and a central arcade.
+ Investor preferred net lease terms with tenants paying all usual outgoings.
+ Favourable annual rent reviews assuring growth.
+ Significant 1,253sqm* site with 41 metre frontage to Victoria Street and direct access to 250+ council car parks.
+ Irreplaceable position directly opposite Coles Supermarket and nearby Woolworths, ALDI, K-Mart & Ritchie’s IGA.
+ Future subdivision and development upside (STCA).
+ Surrounded by important social infrastructure, including 5 schools within 2km servicing a combined 1,053 full time students. (GapMaps)
+ Hastings: commercial capital of Western Port, only 58km from Melbourne CBD.
+ Net Income: $200,376pa + GST (Fully Let Basis)

For Sale by Expressions of Interest
Closing 4pm (AEDT), Thursday 24 February 2022

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Contact agents
Beau Coulter Partner
0413 839 898
Rick Jacobson Sales Executive
0413 830 083
Enquiry Form

Hastings, VIC

37-41 Victoria Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 150

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