Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street, Swan Hill,
Swan Hill, VIC 3585
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Stonebridge Property Group - Sydney
Level 7, 14 Martin PlaceSYDNEY, NSW 2000
Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street, Swan Hill
Swan Hill, VIC 3585
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Dominant Coles Supermarket & Liquorland + 4 shops
- Coles, Liquorland + 4 Shops
- Coles + Liquorland (85*% of Gross Rent)
- 8,203 sqm* Commercial 1 Zoned Site
Stonebridge Property Group are pleased to advise the property is now under contract.
Coles Swan Hill Shopping Centre is an outstanding investment opportunity anchored by a dominant Coles Supermarket, Liquorland + 4 shops.
Key investment highlights include:
+ Coles, Liquorland + 4 shops over a total lettable area of 3,452 sqm*
+ 85%* of gross rent is secured to Coles and Liquorland on net leases
+ Dominant Coles supermarket: trading 40% in excess of benchmarks [1]
+ Outstanding income growth potential, with a Coles rent review due in Aug-21
+ Low average gross specialty rentals of $565 per sqm* with annual rental reviews
+ 8,203 sqm* Commercial 1 Zoned site
+ Estimated net income of $1.1 million p.a*
[1] Jan-21 MAT (excl. GST) on $/sqm basis compared to Macroplan benchmark
*approximate
To obtain further information, please contact the exclusive selling agents Stonebridge Property Group.
Justin Dowers
0438 098 8...
Kevin Tong
0422 848 8...
Philip Gartland
0403 582 3...
Coles Swan Hill Shopping Centre is an outstanding investment opportunity anchored by a dominant Coles Supermarket, Liquorland + 4 shops.
Key investment highlights include:
+ Coles, Liquorland + 4 shops over a total lettable area of 3,452 sqm*
+ 85%* of gross rent is secured to Coles and Liquorland on net leases
+ Dominant Coles supermarket: trading 40% in excess of benchmarks [1]
+ Outstanding income growth potential, with a Coles rent review due in Aug-21
+ Low average gross specialty rentals of $565 per sqm* with annual rental reviews
+ 8,203 sqm* Commercial 1 Zoned site
+ Estimated net income of $1.1 million p.a*
[1] Jan-21 MAT (excl. GST) on $/sqm basis compared to Macroplan benchmark
*approximate
To obtain further information, please contact the exclusive selling agents Stonebridge Property Group.
Justin Dowers
0438 098 8...
Kevin Tong
0422 848 8...
Philip Gartland
0403 582 3...
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Property ID: 503771282Last Updated: 20 Jul 2021
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