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Burgess Rawson - Melbourne

Western Port Plaza, 37-41 Victoria Street Hastings, VIC 3915

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Western Port Plaza, 37-41 Victoria Street,
Hastings, VIC 3915

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

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Burgess Rawson - Melbourne
Beau Coulter
Rick Jacobson

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Western Port Plaza, 37-41 Victoria Street
Hastings, VIC 3915

Map of Western Port Plaza, 37-41 Victoria Street

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Proven 1,253sqm Retail Site Opposite Coles Supermarket

  • Strong occupancy history
  • Tenants pay usual outgoings
  • Development Upside (STCA)
+ Near 100% occupancy, majority healthcare and professional tenants including Australian Clinical Labs and H & R Block.
+ Proven Plaza across 4 lots including 13 retail shops and a central arcade.
+ Investor preferred net lease terms with tenants paying all usual outgoings.
+ Favourable annual rent reviews assuring growth.
+ Significant 1,253sqm* site with 41 metre frontage to Victoria Street and direct access to 250+ council car parks.
+ Irreplaceable position directly opposite Coles Supermarket and nearby Woolworths, ALDI, K-Mart & Ritchie’s IGA.
+ Future subdivision and development upside (STCA).
+ Surrounded by important social infrastructure, including 5 schools within 2km servicing a combined 1,053 full time students. (GapMaps)
+ Hastings: commercial capital of Western Port, only 58km from Melbourne CBD.
+ Net Income: $200,376pa + GST (Fully Let Basis)

For Sale by Expressions of Interest
Closing 4pm (AEDT), Thursday 24 February 2022

Property ID: 503991487Last Updated: 1 Aug 2023

Century 21 Home Port - Hastings
2100 Frankston Flinders Road
HASTINGS, VIC 3915
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