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FOODWORKS ANCHORED RETAIL WITH SIGNIFICANT VALUE-ADD

Unit 20, 70 Warringa Crescent, HOPPERS CROSSING VIC, 3029

For Sale

Property for Sale in Unit 20, 70 Warringa Crescent, HOPPERS CROSSING VIC, 3029

Gross Waddell Pty Ltd

Level 6/60 Collins Street , Melbourne, VIC 3000

Listing ID:
11385360
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
28/07/2020
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

2273 SQM
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Parking

N/A

FOODWORKS ANCHORED RETAIL WITH SIGNIFICANT VALUE-ADD

** OFFERS UNDER REVIEW **

• Prized retail freehold
• Partly leased by Foodworks
• Significant value-add

Gross Waddell is delighted to offer for your consideration this retail investment and value-add opportunity within the Woodville Park Shopping Centre. Woodville Park Shopping Centre is a neighbourhood shopping centre boasting 20 specialty shops, all individually titled.

• This sprawling retail freehold consists of 2,273 sqm* of building area
• Anchored by Foodworks which occupies 462 sqm* with the balance offered vacant possession
• Initial plans to create a further 6 specialty shops within the building envelop or occupy/ lease the balance as one
• Potential fully let rental in excess of $415,000* per annum
• New 5 year lease to Foodworks commencing November 2019
• Versatile offering with scope to value- add, strata sell down or future development opportunity (STCA)
• Merely minutes to both Werribee Plaza and Hoppers Crossing retail precinct
• Idyllic family precinct with Warringa Park School, Woodville Primary and a number of parks within 100-200 m of the property
• Short stroll to Hoppers Crossing train station, universities and hospital precinct

To obtain further information or inspect the property, please contact Gross Waddell directly.

*Approx.

For more details, please email agent

Gross Waddell Pty Ltd

Level 6/60 Collins Street , Melbourne, VIC 3000


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