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Stonebridge Property Group - Melbourne

Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street, Swan Hill Swan Hill, VIC 3585

Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street, Swan Hill,
Swan Hill, VIC 3585

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Stonebridge Property Group - Melbourne
Kevin Tong
Justin Dowers

Stonebridge Property Group - Melbourne

Ground Floor, 95 Coventry Street
SOUTHBANK, VIC 3006
Stonebridge Property Group - Melbourne
Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street, Swan Hill
Swan Hill, VIC 3585

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Dominant Coles Supermarket & Liquorland + 4 shops

  • Coles, Liquorland + 4 Shops
  • Coles + Liquorland (85*% of Gross Rent)
  • 8,203 sqm* Commercial 1 Zoned Site
Stonebridge Property Group are pleased to advise the property is now under contract.

Coles Swan Hill Shopping Centre is an outstanding investment opportunity anchored by a dominant Coles Supermarket, Liquorland + 4 shops.

Key investment highlights include:

+ Coles, Liquorland + 4 shops over a total lettable area of 3,452 sqm*
+ 85%* of gross rent is secured to Coles and Liquorland on net leases
+ Dominant Coles supermarket: trading 40% in excess of benchmarks [1]
+ Outstanding income growth potential, with a Coles rent review due in Aug-21
+ Low average gross specialty rentals of $565 per sqm* with annual rental reviews
+ 8,203 sqm* Commercial 1 Zoned site
+ Estimated net income of $1.1 million p.a*

[1] Jan-21 MAT (excl. GST) on $/sqm basis compared to Macroplan benchmark
*approximate

To obtain further information, please contact the exclusive selling agents Stonebridge Property Group.

Justin Dowers
0438 098 8...

Kevin Tong
0422 848 8...

Philip Gartland
0403 582 3...

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Property ID: 503771282Last Updated: 20 Jul 2021

Stonebridge Property Group - Melbourne
Ground Floor, 95 Coventry Street
SOUTHBANK, VIC 3006
Stonebridge Property Group - Sydney
Level 7, 14 Martin Place
SYDNEY, NSW 2000
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