1 Vivian Street,
Inverell, NSW 2360
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Tenure type
Sold on
Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
1 Vivian Street
Inverell, NSW 2360
Map of 1 Vivian Street
Modern Discount Department Store Secured by Woolworths Limited
- $1,657,907 per annum net income
- Secure Woolworths Limited Covenant
- Double digit yield
Colliers International is excited to present a rare opportunity to acquire a dominant freestanding discount department store anchored by an ASX top 10 covenant featuring attractive double digit returns.
Key investment highlights include:
- Huge 10,200sqm* of favourable B2 Local Centre land
- Modern building of 7,869sqm* built in 2010
- Anchored by Big W, a Woolworths secured covenant
- Situated within Inverell Town Centre, a large and growing regional town
- Adjacent to ‘full line’ Woolworths and Coles Supermarkets
- Approx. 125km to nearest competing discount department store (Target Country Inverell planned for closure November 2019)
- Strong moving annual turnover (MAT)
- Passing Net Income of $1,657,907 per annum anchored by Big W
- Weighted Average Lease Expiry of 8.29 years
Big W Inverell will be sold via an Expressions of Interest campaign closing 16 October 2019.
For further information please contact the exclusive listing agents.
*Approx.
Key investment highlights include:
- Huge 10,200sqm* of favourable B2 Local Centre land
- Modern building of 7,869sqm* built in 2010
- Anchored by Big W, a Woolworths secured covenant
- Situated within Inverell Town Centre, a large and growing regional town
- Adjacent to ‘full line’ Woolworths and Coles Supermarkets
- Approx. 125km to nearest competing discount department store (Target Country Inverell planned for closure November 2019)
- Strong moving annual turnover (MAT)
- Passing Net Income of $1,657,907 per annum anchored by Big W
- Weighted Average Lease Expiry of 8.29 years
Big W Inverell will be sold via an Expressions of Interest campaign closing 16 October 2019.
For further information please contact the exclusive listing agents.
*Approx.
Property ID: 503342954Last Updated: 11 Mar 2022
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000