Adairs & Victorian Government, 118-120 Lava Street,
Warrnambool, VIC 3280
Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
John Ryan Real Estate - WARRNAMBOOL
56 Kepler StreetWARRNAMBOOL, VIC 3280
Adairs & Victorian Government, 118-120 Lava Street
Warrnambool, VIC 3280
Map of Adairs & Victorian Government, 118-120 Lava Street
New 6 & 7 year agreements to Victorian Government & Adairs
- New 7 year licence to Vic Gov
- New 6 Year lease to ASX listed Adairs
- Significant $1M refurb in 2021
**50% Stamp Duty Saving***
+ Victorian Government: New 7-year licence plus 5 x 5 year options through to 2038
+ Adairs: New 6 year lease plus 6 year option through to 2033
+ Adairs Ltd: ASX listed, 160 stores (Aus/NZ), current market cap of $644M
+ Prime Warrnambool CBD location, positioned perfectly between Coles & McDonald’s
+ Newly refurbished 800sqm* building including new roof
+ Large 1,150sqm freehold site, 20+ metre of frontage plus additional parking
+ Warrnambool: Victoria’s largest coastal city (outside of Port Phillip Bay) with a growing trade catchment circa 100,000 approx.
+ Net Rent: $176,000 pa + GST
For Sale by Private Treaty
+ Victorian Government: New 7-year licence plus 5 x 5 year options through to 2038
+ Adairs: New 6 year lease plus 6 year option through to 2033
+ Adairs Ltd: ASX listed, 160 stores (Aus/NZ), current market cap of $644M
+ Prime Warrnambool CBD location, positioned perfectly between Coles & McDonald’s
+ Newly refurbished 800sqm* building including new roof
+ Large 1,150sqm freehold site, 20+ metre of frontage plus additional parking
+ Warrnambool: Victoria’s largest coastal city (outside of Port Phillip Bay) with a growing trade catchment circa 100,000 approx.
+ Net Rent: $176,000 pa + GST
For Sale by Private Treaty
Property ID: 503924342Last Updated: 10 May 2022
John Ryan Real Estate - WARRNAMBOOL56 Kepler Street
WARRNAMBOOL, VIC 3280
WARRNAMBOOL, VIC 3280
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.