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CBRE - VIC

Subway, 7B Anderson Street (South Gippsland Hwy) Leongatha, VIC 3953

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Subway, 7B Anderson Street (South Gippsland Hwy),
Leongatha, VIC 3953

Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail

Key property information

Land area

Floor area

Property extent

Tenure type

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CBRE - VIC
Raoul Holderhead
Beau Coulter

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
Subway, 7B Anderson Street (South Gippsland Hwy)
Leongatha, VIC 3953

Map of Subway, 7B Anderson Street (South Gippsland Hwy)

Directions

Renewed 7 Year Head Office Lease to Subway Realty Pty Ltd

  • Fixed 3% Annual Rent Increases
  • Long Established Highway Location
  • Central Amongst McDonalds, KFC, Caltex
+ Renewed 7 year Net lease to 2027 – No further Option
+ Head office company lease to Subway Realty Pty Ltd
+ Subway: the world’s largest restaurant chain with 38,330+ stores and growing
+ Subway pays Outgoings as per lease
+ Strategic fast food location directly opposite McDonald’s & KFC
+ 606 sqm site with important on-site parking and huge corner exposure
+ Significant taxation depreciation
+ Leongatha: capital of South Gippsland, rich dairy region, $65 million+ recent commercial developments, trade catchment circa 15,000, 75km SE of metro Melbourne
+ Net Income: $40,680 pa + GST


For Sale by Investment Portfolio Auction
11:00am (AEDT) Wednesday 28 October

Leongatha, 3953 demographic data

The median household income for Leongatha is $1,183, 15% lower than Regional Victoria's household income of $1,386. Leongatha has an older age profile compared to the rest of Regional Victoria (median age 45 vs 43). Property ownership data shows 40% of property owners in Leongatha have a mortgage.

5,869
Population
$1,183 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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