Clyde North Convenience & Showroom Centre, 680 Berwick-Cranbourne Road & 23-29 Selenium Way,
Clyde North, VIC 3978
Shops & Retail
Key property information
Land area
Floor area
Parking info
Property extent
Tenure type
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JLL - Melbourne
Level 33, 101 Collins StreetMELBOURNE, VIC 3000
Clyde North Convenience & Showroom Centre, 680 Berwick-Cranbourne Road & 23-29 Selenium Way
Clyde North, VIC 3978
Map of Clyde North Convenience & Showroom Centre, 680 Berwick-Cranbourne Road & 23-29 Selenium Way
Brand New Long WALE Retail Centre
- Expansive 11,649sqm corner site
- Long 10-year WALE (by income)*
- Anchored by leading national retailers
An exceptional opportunity to acquire a brand-new large format retail centre plus separate convenience centre within the MAB Element Park Estate. It offers a total gross lettable area (GLA) of 4,213 square metres and is anchored by some of Australia’s leading national large-format retailers including Total Tools and National Tiles, and EG Ampol and Red Rooster.
Convenience Centre
+ New 12-year lease to EG Ampol & Red Rooster
+ Fixed 2.5% annual rental increases
+ Net Lease structure with tenant responsible for all usual outgoings (excluding land tax)
+ Exceptional exposure to Berwick-Cranbourne Road and the Thompsons Road intersection which is exposed to 44,000 cars daily.
+ Estimated Fully Leased Net Income - $414,224 p.a. + GST
Showroom Centre
+ Exceptional tenancy mix entirely underpinned by leading national LFR retailers
+ Guaranteed income growth with all tenants on either 3.0% or greater annual rental increases
+ Net Lease structures with all outgoings being recovered except for land tax
+ Unrivalled income security with a highly attractive 10-year WALE (by area)
+ Convenient at-grade parking for 92 vehicles
+ Estimated Fully Leased Net Income - $872,485 p.a. + GST
For further information, please contact the exclusive selling agents:
Stuart Taylor | 0428 000 0...
Tom Noonan | 0402 319 6...
MingXuan Li 李名轩 | 0 498 688 998
Dominic McGrath | 0416 440 525
Convenience Centre
+ New 12-year lease to EG Ampol & Red Rooster
+ Fixed 2.5% annual rental increases
+ Net Lease structure with tenant responsible for all usual outgoings (excluding land tax)
+ Exceptional exposure to Berwick-Cranbourne Road and the Thompsons Road intersection which is exposed to 44,000 cars daily.
+ Estimated Fully Leased Net Income - $414,224 p.a. + GST
Showroom Centre
+ Exceptional tenancy mix entirely underpinned by leading national LFR retailers
+ Guaranteed income growth with all tenants on either 3.0% or greater annual rental increases
+ Net Lease structures with all outgoings being recovered except for land tax
+ Unrivalled income security with a highly attractive 10-year WALE (by area)
+ Convenient at-grade parking for 92 vehicles
+ Estimated Fully Leased Net Income - $872,485 p.a. + GST
For further information, please contact the exclusive selling agents:
Stuart Taylor | 0428 000 0...
Tom Noonan | 0402 319 6...
MingXuan Li 李名轩 | 0 498 688 998
Dominic McGrath | 0416 440 525
Clyde North, 3978 demographic data
31,681
Population
$2,163 per week
Median household income
30 years
Median age
Owners
Most residents
Families
Most households
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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