463-475 Albany Highway Orana, WA 6330
2.91ha (7.19 acres)
16 Jan 2019
- 2.91Ha* site with 107m frontage
- Freestanding modern supermarket
- Secure income stream with Coles tenant
Located just 4.5km* from Albany Town Centre, the supermarket is strategically located on Albany Highway, the major freight route between Perth and Albany, and benefits from exposure to over
21,000* vehicles per day. The centre provides the most convenient supermarket in the regional town of Albany and caters to the high volumes of passing traffic, tourist population and to the
residential growth expected in the region.
The newly built Coles supermarket and Liquorland is a modern, purpose-built supermarket and liquor store situated on a large 2.91Ha* site with 254 car bays and an approved DA to allow for 658sqm* of additional specialty retail.
Strong income security backed by a 15 year net lease to Coles plus 4 x 10 year options and expected income growth from the turnover rent makes this investment a once in a generation opportunity.
Property ID: 502974734Last Updated: 9 Feb 2019