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Colliers - Essendon Fields

46-48 Watton Street Werribee, VIC 3030

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46-48 Watton Street,
Werribee, VIC 3030

Shops & Retail • Development Sites & Land
Added 5 days ago

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$193,870
Number of Tenants
4 Tenants

Auction

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Colliers - Essendon Fields
Travis Keenan
Ervin Niyaz

Colliers - Essendon Fields

Suite 1, 6 English Street
ESSENDON FIELDS, VIC 3041
Colliers - Essendon Fields
46-48 Watton Street
Werribee, VIC 3030

Map of 46-48 Watton Street

Directions
  • Train stations within 5 km of 46-48 Watton Street, Werribee, VIC 3030Distance
    Werribee Station283 m
    Hoppers Crossing4.2 km
    Hoppers Crossing Station4.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 46-48 Watton Street, Werribee, VIC 3030Distance
    Bridge StSynnot St Werribee125 m
    Werribee StationManly St Werribee356 m
    Duncans Rd/Synnot St (Werribee)388 m
    Wedge StCottrell St Werribee392 m
    Werribee RSL/Synnot St (Werribee)410 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime Corner Freehold In Booming Western Growth Corridor

  • Pole Position In Absolute Retail Core
  • Returning $193,870* PA Plus GST
  • Within Thriving Werribee CBD
Colliers Melbourne North West are proud to present an outstanding investment at 46-48 Watton Street, Werribee for sale by Public Auction on Thursday 5th March at 1pm on site.

Key investment highlights:

• 100% leased to Gong Cha, Jindi Kebab, Insight Vision Care & Success Tutoring
• Current combined rent of $193,870* per annum plus GST
• Strategic freehold landholding of 371sqm* positioned on arguably the best corner of Watton Street (corner Comben Drive)
• Well-proportioned single level building comprising four separate self-contained shops
• Three expansive frontages totaling 54 meters*
• Perfectly located in a tightly held commercial precinct surrounded by major tenants including Coles, Commonwealth Bank, KFC, Cash Converters, ANZ, NAB, Bendigo Bank, Australia Post, Woolworths, BWS, The Holiday Inn and a vibrant mix of local eateries, retailers and offices
• 260 meters* to Werribee railway station
• Immediately fronting council parking for 247* cars
• Within the Western Growth Corridor which is the fastest growing region in Australia - soon to exceed 1 million residents and projected to reach 1.8 million by 2051
• First time offered in 75 years!

Situated in the absolute retail core of Werribee CBD’s major retail strip, Watton Street shopping precinct, surrounded by constant foot and vehicle traffic, national tenants, parklands, proximity to Mercy and St Vincent Hospitals, Melbourne and Victoria University, The Holiday Inn and underpinned by Wyndham’s rapidly expanding community.

For more information or to arrange an inspection please contact the exclusive selling agents Colliers:

Travis Keenan | travis.keenan@colliers.com | +61 412 120 9...
Ervin Niyaz | ervin.niyaz@colliers.com | +61 404 808 3...

Werribee, 3030 demographic data

The median household income for Werribee is $1,645, 13% lower than Greater Melbourne's household income of $1,901. Werribee has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 59% of property owners in Werribee have a mortgage.

50,027
Population
$1,645 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households