1107 Western Highway,
Caroline Springs, VIC 3023
Shops & Retail
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INVEST IN THE BOOMING WEST
OVERVIEW
+ Major 'Jeep Chrysler Fiat Dodge' car showroom and service centre located at the gateway to one of Australia's fastest growing municipalities
+ Strategically positioned corner retail showroom of 2,091sqm* GLA within thriving large format retail centre anchored by national tenants Bunnings Warehouse, Officeworks, Autobarn and Petbarn
+ Net Lease with 100% of building outgoings paid by the tenant excluding land tax
+ 5 year Net Lease to well established car dealer benefitting from critical mass of trade and surrounding complementary car dealerships
+ Highly attractive fixed annual rental increases of 3.5% pa* and a net annual income of $503,000*
LOCATION
+ Set to benefit from the growth (currently at 5% per annum*) and major employment precinct and housing developments from Australia's leading developers Dexus, Burbank, Metricon, Mirvac, Stockland, Lend Lease and Carlisle Homes
For further information please contact the CBRE Freestanding Retail Investments team:
Rorey James
+61 439 400 081
+ Major 'Jeep Chrysler Fiat Dodge' car showroom and service centre located at the gateway to one of Australia's fastest growing municipalities
+ Strategically positioned corner retail showroom of 2,091sqm* GLA within thriving large format retail centre anchored by national tenants Bunnings Warehouse, Officeworks, Autobarn and Petbarn
+ Net Lease with 100% of building outgoings paid by the tenant excluding land tax
+ 5 year Net Lease to well established car dealer benefitting from critical mass of trade and surrounding complementary car dealerships
+ Highly attractive fixed annual rental increases of 3.5% pa* and a net annual income of $503,000*
LOCATION
+ Set to benefit from the growth (currently at 5% per annum*) and major employment precinct and housing developments from Australia's leading developers Dexus, Burbank, Metricon, Mirvac, Stockland, Lend Lease and Carlisle Homes
For further information please contact the CBRE Freestanding Retail Investments team:
Rorey James
+61 439 400 081
Property ID: 502948594Last Updated: 3 Sep 2021
03 8621 33...
1107 Western Highway
Caroline Springs, VIC 3023
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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