The property comprises a freestanding supermarket situated on a large land holding leased to one of Australia’s most successful retailers, Woolworths Limited - being Australia’s largest supermarket chain and Australia’s largest company by revenue.
This magnificent property has many features including:
Woolworths Limited, an exceptionally strong lease covenant, Australia’s largest company by revenue
12 years remaining on the current term plus options
$1,365,677 per annum*
Prominent corner position within very strong, tightly held retail centre
Over 4,700 sqm of Commercial 1 zoned land with three (3) frontages, Whitehorse Road, Mangan Street and Yerrin Street
Situated in one of Victoria’s most exclusive and affluent suburbs
Provided via open air and undercroft for 87 cars and adjoins a council carpark providing a further 67 car spaces
Potential depreciation benefits