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Barry Plant Commercial

5/70 Watton Street Werribee, VIC 3030

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5/70 Watton Street,
Werribee, VIC 3030

Shops & Retail • Offices • Other

Key property information

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Barry Plant Commercial
Benjamin Klein
Graham Hicks

Barry Plant Commercial

Suite 213, 434 St Kilda Rd
MELBOURNE, VIC 3004
Barry Plant Commercial
5/70 Watton Street
Werribee, VIC 3030

Map of 5/70 Watton Street

Directions

Prominent Werribee CBD Retail Asset in Growth Corridor

  • High Exposure Location
  • Secure Tenant
  • Excellent Investment
Situated in the heart of Werribee's bustling commercial precinct, 5/70 Watton Street offers an exceptional investment opportunity. This 100 sqm retail space, set on a 122 sqm land parcel, boasts a prime location with high foot traffic and excellent exposure.

The property features a modern open-plan layout, complete with heating, cooling, an alarm system, and a rear balcony overlooking the Werribee River .

Currently, the premises are securely leased to Dumpling Guys, a well-established franchise of the I Love Dumplings Group, known for their inviting atmosphere and exceptional value.

The tenant operates daily, attracting a steady stream of patrons, which underscores the property's strong rental appeal.

Located close to major tenants and the Werribee train station, this property benefits from its position in one of the fastest-growing municipalities, making it a standout choice for investors seeking a stable and promising asset.

Lease Details

Tenant: Dumpling Guys (logo)
Term: 5 years commencing 1st Sep 2021
Options: 2 further terms of 5 years each
Rental: $39,338 net plus GST per annum
Reviews: 3% per annum

To arrange an inspection or for further information, please contact Benjamin Klein on 0433 047 0... or Graham Hicks on 0423 009 9....

Werribee, 3030 demographic data

The median household income for Werribee is $1,645, 13% lower than Greater Melbourne's household income of $1,901. Werribee has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 59% of property owners in Werribee have a mortgage.

50,027
Population
$1,645 per week
Median household income
35 years
Median age
Owners
Most residents
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Most households