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71 The Esplanade, PAYNESVILLE VIC, 3880

Sold
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Property Sold in 71 The Esplanade, PAYNESVILLE VIC, 3880

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11238479
Status:
Sold
Last Updated:
01/06/2020
Price:
Price on Request
Icon building

Property Type

Retail
Icon square

Land Area

1322 SQM
Icon size

Floor Area

1044 SQM
Icon parking

Parking

N/A

Rare Affordable Supermarket Freehold

Secure 5 year lease to October 2020, plus options to 2035
Lessee pays all usual outgoings as per the lease
Substantial 1,322 sqm Commercial 1 site with dual frontage of 26 metres
Modern 1,044 sqm building including liquor, deli, ATM
Prime waterfront location opposite popular tourist Marina, Ferry, Fisherman’s Wharf etc
Central amongst Banks, Pharmacy, Bakery, Newsagent and Hotel
Potential long term redevelopment – retail and apartments STCA
Foodworks: Australia’s largest truly independent supermarket group supporting $2 billion in annual sales throughout 650 stores
Paynesville / Metung: Gippsland Lakes tourist mecca on Lake Victoria with local trade catchment circa 6,000, plus significant year round holiday influx
Rent: $110,297 pa

Auction 11am AEST Wednesday 17 May 2017
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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