Ozmosis, 11 Victoria Street,
Warragul, VIC 3820

Shops & Retail

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of Ozmosis, 11 Victoria Street

Directions

Affordable Retail Freehold Investment

Renewed 5yr lease plus 5yr option
Fixed 4% reviews/Tenant pays outgoings
Ozmosis: owned by Rip Curl Group

Renewed 5 year lease to 2021 with additional 5 year option to 2026
Fixed 4% rent reviews/Tenant pays all outgoings
Established and successful store in prime retail location amongst
Woolworths, Coles, McDonald’s, KFC & major banks
Large 298 sqm site with 12m of retail frontage
Single tenant minimum management investment
Ozmosis: one of Australia's largest retailers of surf, skate and street fashion and owned by the Rip Curl Group
Rip Curl Group: global surf apparel giant with 332 stores worldwide and an annual revenue of $480 million in 2016
Warragul/Drouin: an outer satellite suburb only 33km from metro Melbourne, experiencing a major housing and population boom with forecast growth to 43,000 by 2026
Rent: $93,600 pa + GST (September 2017)

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Warragul, 3820 demographic data

The median household income for Warragul is $1,563, 13% higher than Regional Victoria's household income of $1,386. Warragul has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 49% of property owners in Warragul have a mortgage.

19,856

Population

$1,563 per week

Median household income

40 years

Median age

Owners

Most residents

Families

Most households