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Successful Freestanding Coles Supermarket

10 Hope Street, DROUIN VIC, 3818

Sold

Property Sold in 10 Hope Street, DROUIN VIC, 3818

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11368676
Status:
Sold
Price:
Price on request
Last Updated:
23/01/2020
Icon building

Property Type

Retail/Other/Land/Development
Icon square

Land Area

4874 SQM
Icon size

Floor Area

2106 SQM
Icon parking

Parking

N/A

Successful Freestanding Coles Supermarket

+ 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

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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