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20-22 Gell Street Bacchus Marsh, VIC 3340

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20-22 Gell Street,
Bacchus Marsh, VIC 3340

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Brand New 15 Year Net Lease to Coles Express

  • Brand new building
  • Fixed 3.5% annual rent increase
  • Tenant pays all outgoings
New 15 year lease to 2031 plus 15 + 10 year options to 2056.
Coles Express: A growing subsidiary of Coles Group Limited with 662+ outlets. Wholly owned by Wesfarmers Limited an ASX top 10 Company.
Attractive fixed annual 3.5% rental increases.
Lessee pays all usual outgoings including land tax.
High profile 1,503 sqm CBD site, next to The Village: Bacchus Marsh Shopping Centre anchored by Coles, Aldi, Target, Reject Shop plus 43 specialty shops and 672 car spaces.
Significant taxation depreciation benefits.
Bacchus Marsh: boom satellite suburb only 11 kms from metropolitan Melbourne, within Moorabool Shire experiencing major population growth, forecast to reach 53,270 by 2041.
Rent: $240,000 pa.

Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne

Property ID: 502248374Last Updated: 3 May 2021

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20-22 Gell Street
Bacchus Marsh, VIC 3340
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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