Affordable PETstock Investment | 15 year lease to 2037 on Enormous 10,593sqm Site
Description
Burgess Rawson is pleased to offer to the market PETstock located at 6371 Murray Valley Highway, Cohuna VIC for sale via our Investment Auction Portfolio 173.
This opportunity has the following key investment highlights:
+ 15 year lease to 2037 with options to 2051
+ Solely leased to PETstock under a head lease covering the entire site
+ PETstock: majority owned by Woolworths Group, Australia’s #1 retailer with sales of $67.9 billion in FY24^
+ Landlord friendly lease, tenant responsible for all usual outgoings including council rates, water rates and insurance
+ Fixed compounding 3% annual rental increases, ensuring income growth
+ Enormous 10,593sqm* landholding on major Murray Valley Highway
+ Potential 50% stamp duty savings
+ Murray Region: strong population plus 6.2m* visitors annually, injecting $2.4 billion into the local economy^^
+ Net Income: $85,170 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
One of Five Petstock (Woolworths) leased freehold investments available as part of Burgess Rawson’s December Portfolio Auction.
Please contact the exclusively appointed sales team for more information
*Approx
^woolworthsgroup.com.au
^^murrayregionaltourism.com.au
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Contact agents
Darren Beehag Partner
0411 226 223Justin Kramersh Senior Sales Associate
0460 349 605David Napoleone Senior Sales Executive
0417 308 067Enquiry Form
Cohuna, VIC
6371 Murray Valley Highway
- Sold Price: Contact Agent
This property was sold as part of Portfolio 173
Contact agents
-
Darren Beehag Partner
0411 226 223 -
Justin Kramersh Senior Sales Associate
0460 349 605 -
David Napoleone Senior Sales Executive
0417 308 067