National Tiles, 600 Ballarat Road,
Sunshine, VIC 3020
Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Killen Thomas - Melbourne
60-62 Hoddle StABBOTSFORD, VIC 3067
National Tiles, 600 Ballarat Road
Sunshine, VIC 3020
Map of National Tiles, 600 Ballarat Road
A National Retail Icon, 38 Stores and Counting...
- Brand new rare 12 year lease
- Attractive fixed 3% Increases
- Investor favoured net lease
+ Brand new 12 year lease plus two (2) x 10 year options through to 2054.
+ National Tiles: A national retail icon since 1979, currently with over 500 employees through 38 stores nationally and a further imminent rollout of new stores
Australia wide.
+ Record FY21 turnover circa $150 million, with 17% average annual revenue growth over the last 5 years.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per the lease.
+ Rare security with 6 month Bank Guarantee.
+ Annual, fixed compounding 3% increases- assuring long term rental growth.
+ Modern and flexible 1,400sqm* retail showroom, office and warehouse with excellent clear span and storage.
+ Substantial 3,716sqm* freehold site with easy access to trade shop and ‘rear turning circle’ plus 22 on site car spaces.
+ Superb exposure on the inbound side of major road- Ballarat Road with 42,000 vehicles passing daily.
+ Outstanding location with an abundance of leading tenants surrounding.
+ Sunshine: Booming gateway suburb of Melbourne’s west, 12kms* from the CBD
+ Sunshine population forecasted to grow by 71.5% by 2041**
+ Rent: $200,725 pa* + GST
*approx.
**realestate.com.au
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 23 February 2022
Crown Casino, Melbourne.
+ National Tiles: A national retail icon since 1979, currently with over 500 employees through 38 stores nationally and a further imminent rollout of new stores
Australia wide.
+ Record FY21 turnover circa $150 million, with 17% average annual revenue growth over the last 5 years.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per the lease.
+ Rare security with 6 month Bank Guarantee.
+ Annual, fixed compounding 3% increases- assuring long term rental growth.
+ Modern and flexible 1,400sqm* retail showroom, office and warehouse with excellent clear span and storage.
+ Substantial 3,716sqm* freehold site with easy access to trade shop and ‘rear turning circle’ plus 22 on site car spaces.
+ Superb exposure on the inbound side of major road- Ballarat Road with 42,000 vehicles passing daily.
+ Outstanding location with an abundance of leading tenants surrounding.
+ Sunshine: Booming gateway suburb of Melbourne’s west, 12kms* from the CBD
+ Sunshine population forecasted to grow by 71.5% by 2041**
+ Rent: $200,725 pa* + GST
*approx.
**realestate.com.au
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 23 February 2022
Crown Casino, Melbourne.
Sunshine, 3020 demographic data
The median household income for Sunshine is $1,566, 18% lower than Greater Melbourne's household income of $1,901. Sunshine has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 50% of property owners in Sunshine have a mortgage.
9,445
Population
$1,566 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
Killen Thomas - Melbourne60-62 Hoddle St
ABBOTSFORD, VIC 3067
ABBOTSFORD, VIC 3067
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000