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Cameron - Head Office

18 Napier Street Warragul, VIC 3820

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18 Napier Street,
Warragul, VIC 3820

Shop & Retail • Development Sites & Land • Offices

Price information

Sale - Expression of Interest

Contact Agent

Under Contract

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$44,276
Number of Tenants
2 Tenants

Private inspections

to arrange a private inspection.
Cameron - Head Office
Michael Brennan

Cameron - Head Office

3 Ordish Road
DANDENONG SOUTH, VIC 3175
Cameron - Head Office
18 Napier Street
Warragul, VIC 3820

Map of 18 Napier Street

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Growth Corridor Freehold Investment Tenanted by Longstanding Local Favourite

  • Strategic 2-in-1 Tenant
  • Town Centre Position
  • Double Fronted Shop
Stonebridge Property Group is pleased to offer for sale 18 Napier Street, Warragul.

Key highlights include:

- A highly flexible retail property that has been strategically split in two, providing the ability for multiple businesses/revenue streams

- Leased to longstanding tenant Warragul Kitchen Pty Ltd, who operate the highly rated Papa’s Rich Noodle and Saigon Vietnamese Gourmet from the property.
Menu Log Reviews: Papa’s Rich Noodles: Rated 5.2/6 from 227 Reviews and Saigon Vietnamese Gourmet: Rated 4.9/6 from 667 Reviews

- Providing annual income of $44,276** + GST + Outgoings with fixed 3% rental increases

- The double fronted shop is positioned on a well exposed 275 sqm* Commercial 1 Zoned landholding only a 40 m* walk from Warragul town centre

- The convenient location is anchored by major supermarkets (Coles, Aldi & Woolworths), national retailers (McDonalds, Harvey Norman & Priceline) and the Warragul Train Station all within 350 m*

- Warragul is located in the south eastern growth corridor circa 100 km from the Melbourne CBD

- The growing suburb is forecast to see a substantial population increase of 66.7%^ by 2041

* Approximately
** Income as at 2nd December 2021
^ Source: ForecastID



18 Napier Street, Warragul is for sale by Expressions of Interest closing Wednesday 20th October 2021 at 2pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and Cameron Real Estate:

Stonebridge Property Group:

Nic Hage
0448 782 5...

Rorey James
0439 400 0...

Sarah Xi 席子棠
0468 320 2...



Cameron Real Estate:

Michael Brennan
0431 586 5...


Are you interested in similar properties throughout Victoria’s southeast growth corridor? Click on the below link for a complete summary of the 12 properties within the Private Investor Portfolio:

https://stonebridge.com.au/privateinvestorportfolio/

Additional information

Property ID: 503898598Last Updated: 23 Oct 2021

Agency contacts

Cameron - Head Office
3 Ordish Road
DANDENONG SOUTH, VIC 3175
Stonebridge Property Group - Melbourne
Ground Floor, 95 Coventry Street
SOUTHBANK, VIC 3006

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