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463-475 Albany Highway Orana, WA 6330

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463-475 Albany Highway Orana, WA 6330

Shop & Retail • Development Sites & Land
Sold Price

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Land area

2.91ha (7.19 acres)

Floor area

4051.0m²

Car spaces

254

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

16 Jan 2019

COLES ORANA

  • 2.91Ha* site with 107m frontage
  • Freestanding modern supermarket
  • Secure income stream with Coles tenant
CBRE Western Australian Retail Investments, as exclusive selling agents, are pleased to offer Coles Orana, a superb freestanding supermarket in Albany, the agricultural and historical hub of Western Australia.

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.

*approx

Property ID: 502974734Last Updated: 9 Feb 2019

463-475 Albany Highway
Orana, WA 6330

Agency contacts

CBRE - Perth

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CBRE - Perth

Level 25, QV1, 250 St Georges Terrace
PERTH, WA 6000
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Richard Cash
CBRE - Perth
463-475 Albany Highway Orana, WA 6330

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

Kind Regards,

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