Coles, 10 Hope Street,
Drouin, VIC 3818

Shops & Retail • Other • Development Sites & Land

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Map of Coles, 10 Hope Street

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Successful Freestanding Coles Supermarket

Secure 20 + 10 + 10 Year Net Lease
Trading Well Above Turnover Threshold
Major Melbourne Growth Corridor

+ Coles Group: Blue-Chip $20 billion ASX-listed retailer
+ Net lease with Coles paying usual outgoings including Land Tax
+ Secure 20 year lease plus two x ten year options to 2043
+ Drouin: booming satellite suburb 33kms from metro Melbourne, forecast 90% population growth by 2041^
+ Commanding 4,874 sqm CBD corner site opposite McDonald’s
+ Ample on-site parking plus integrated council parking
+ Significant taxation saving depreciation
+ Net Income: $642,106 pa (projected October MAT)

For Sale by Auction
11 am Wednesday 11 December 2019
River Room, Crown Casino, Melbourne

^forecast.id

Property ID: 503393374Last Updated: 8 Apr 2020

Coles, 10 Hope Street

Drouin, VIC 3818

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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