Burgess Rawson - Melbourne
Level 7, 140 Bourke StreetMELBOURNE, VIC 3000
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
Burgess Rawson - MelbourneLevel 7, 140 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Matthew Wright
Beau Coulter
Raoul Holderhead
John Ryan Real Estate - WARRNAMBOOL56 Kepler Street
WARRNAMBOOL, VIC 3280
WARRNAMBOOL, VIC 3280
john ryan
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