5 Harcrest Boulevard,
Wantirna South, VIC 3152

Shops & Retail • Offices • Showrooms & Large Format Retail

Key property information

Floor area

Tenure type

Sold on

Map of 5 Harcrest Boulevard

Directions

Supermarket Investment, 15 + 5 + 5 + 5 Year Lease

As New Metro Supermarket
Guaranteed by ASX Listed Metcash Ltd
Single Tenanted Minimum Management

Recent 15 year lease to September 2027 plus options to 2042.
Main road location at the entrance to one of Melbourne's premier new growth neighbourhoods, "Harcrest", a master planned community by leading developers Mirvac.
Strong trading full line supermarket with liquor
Modern building of 897 sqm with access to 96 on-site car parks.
Harcrest Village: A bustling neighbourhood centre poised to service the next generation of housing growth in the area.
Close to major arterials including Eastlink and Burwood Hwy.
Annual CPI reviews plus market and turnover rent provisions.
All usual outgoings payable by the tenant (as per the Lease) including Land Tax.
Significant potential income tax saving depreciation benefits.
Rent: $288,206 pa (Sep 16, assuming 2% CPI).

Interstate and local bidding by prior arrangement.

Auction 11am AEDT Wednesday 6 April.
River Room, Crown Casino Melbourne.

Wantirna South, 3152 demographic data

The median household income for Wantirna South is $1,915, 1% higher than Greater Melbourne's household income of $1,901. Wantirna South has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 46% of property owners in Wantirna South have a mortgage.

20,754

Population

$1,915 per week

Median household income

42 years

Median age

Owners

Most residents

Families

Most households