Adairs & Victorian Government, 118-120 Lava Street,
Warrnambool, VIC 3280
Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Adairs & Victorian Government, 118-120 Lava Street
Warrnambool, VIC 3280
Map of Adairs & Victorian Government, 118-120 Lava Street
New 6 & 7 year agreements to Victorian Government & Adairs
- New 7 year licence to Vic Gov
- New 6 Year lease to ASX listed Adairs
- Significant $1M refurb in 2021
**50% Stamp Duty Saving***
+ Victorian Government: New 7-year licence plus 5 x 5 year options through to 2038
+ Adairs: New 6 year lease plus 6 year option through to 2033
+ Adairs Ltd: ASX listed, 160 stores (Aus/NZ), current market cap of $644M
+ Prime Warrnambool CBD location, positioned perfectly between Coles & McDonald’s
+ Newly refurbished 800sqm* building including new roof
+ Large 1,150sqm freehold site, 20+ metre of frontage plus additional parking
+ Warrnambool: Victoria’s largest coastal city (outside of Port Phillip Bay) with a growing trade catchment circa 100,000 approx.
+ Net Rent: $176,000 pa + GST
For Sale by Private Treaty
+ Victorian Government: New 7-year licence plus 5 x 5 year options through to 2038
+ Adairs: New 6 year lease plus 6 year option through to 2033
+ Adairs Ltd: ASX listed, 160 stores (Aus/NZ), current market cap of $644M
+ Prime Warrnambool CBD location, positioned perfectly between Coles & McDonald’s
+ Newly refurbished 800sqm* building including new roof
+ Large 1,150sqm freehold site, 20+ metre of frontage plus additional parking
+ Warrnambool: Victoria’s largest coastal city (outside of Port Phillip Bay) with a growing trade catchment circa 100,000 approx.
+ Net Rent: $176,000 pa + GST
For Sale by Private Treaty
Property ID: 503924342Last Updated: 10 May 2022
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
John Ryan Real Estate - WARRNAMBOOL56 Kepler Street
WARRNAMBOOL, VIC 3280
WARRNAMBOOL, VIC 3280
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
ANZ, 128 Liebig Street,Warrnambool, VIC 3280 375 m²Shops & Retail • Showrooms & Large Format Retail • Offices
Contact Agent
Victorian State Government, 571-575 Raglan Parade (Princes Hwy),Warrnambool, VIC 3280 1305 m²Shops & Retail • Offices • Medical & Consulting
Contact Agent
National Pharmacies, 136-140 Fairy Street,Warrnambool, VIC 3280 864 m²Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail