Coles Warrnambool 131-141 Lava Street,
Warrnambool, VIC 3280

Shops & Retail

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

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MODERN FREESTANDING COLES SUPERMARKET IN A POWERHOUSE VICTORIAN REGIONAL CITY

Freestanding Coles supermarket with 2,670sqm* of GLA that was redeveloped in 2008

20 year net lease expiring in 2028 plus options to 2048

Strategic land holding of 4,022sqm* with prominent frontage to the Warrnambool main retail strip, Lava Street

Situated amongst a range of complementary
national retailers including Target

Convenient at grade parking for 157* cars,
together with an abundance of free street parking surrounding the supermarket

The population of Warrnambool is projected
to grow to 47,000 by 2036** which will
continue to drive the underlying supermarket business

Net annual income of $803,630 pa*

TO BE SOLD BY PUBLIC AUCTION ON
THURSDAY 31ST AUGUST FROM 6PM
AT THE CBRE MELBOURNE OFFICE
LEVEL 34, 8 EXHIBITION STREET, MELBOURNE

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Jing Jun Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

*Approx

Warrnambool, 3280 demographic data

Warrnambool and Regional Victoria have similar median household incomes, at $1,385. Warrnambool has a younger age profile compared to the rest of Regional Victoria (median age 42 vs 43). Property ownership data shows 44% of property owners in Warrnambool have a mortgage.

31,308

Population

$1,385 per week

Median household income

42 years

Median age

Owners

Most residents

Families

Most households