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6-10 Queen Street, Warragul Convenience Centre Warragul, VIC 3820

Sold

6-10 Queen Street, Warragul Convenience Centre Warragul, VIC 3820

Shop & Retail
Sold Price

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Land area

2944.0m²

Floor area

1058.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

27 Jul 2018

BRAND NEW CONVENIENCE CENTRE WITH 90% INCOME DERIVED FROM NATIONAL TENANTS

  • Strategic 2,944sqm* land holding
  • 90% of income held by national tenants
  • Net income of $488,500 pa*

Brand new convenience centre located in the heart of Warragul with exposure to 20,000 passing cars daily*

Strategic land holding of 2,944sqm* with over 78m* of main road frontage

90% of income secured by national retailers, Shell Coles Express, KFC and Domino's Pizza

Significant tax saving depreciation benefits on offer through brand new improvments

Positioned to benefit from the massive growth in Warragul and the south eastern growth corridor of Melbourne - over 1,250 new housing lots* under way in Warragul

Highly attractive fixed annual rental increases of 3% pa* and CPI

Net annual income of $488,500*

Property ID: 502868626Last Updated: 27 Sep 2018

Agency contacts

CBRE - Victoria

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CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Send to:

Kevin Tong
CBRE - Victoria
6-10 Queen Street, Warragul Convenience Centre Warragul, VIC 3820

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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