K-Mart, 21-27 High Street,
Cobram, VIC 3644
Shops & Retail • Showrooms & Large Format Retail • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
K-Mart, 21-27 High Street
Cobram, VIC 3644
Map of K-Mart, 21-27 High Street
Strong Trading K-Mart Investment – Wholly Owned Subsidiary of Wesfarmers
- Renewed 5 year lease
- High profile position
- K-Mart pays outgoings
+ Renewed Five (5) year lease to March 2024 plus options to 2039.
+ K-Mart: wholly owned subsidiary of ASX listed giant Wesfarmers, with 231 stores across AUS & NZ.
+ Investor preferred net lease terms with K-Mart paying all usual outgoings including Land Tax.
+ Annual CPI rent reviews with most recent Melbourne All Groups at 2.9%.
+ Prominent 1,380sqm building with important 30 metre retail frontage and rear loading dock.
+ Significant 1,472sqm Commercial 1 Zone (C1Z) freehold title.
+ Trophy CBD position amongst Woolworths, McDonalds, IGA, Australia Post & major banks.
+ Cobram: important service centre with 25,000+ trade catchment.
+ Net Income: $186,000pa + GST
For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021
+ K-Mart: wholly owned subsidiary of ASX listed giant Wesfarmers, with 231 stores across AUS & NZ.
+ Investor preferred net lease terms with K-Mart paying all usual outgoings including Land Tax.
+ Annual CPI rent reviews with most recent Melbourne All Groups at 2.9%.
+ Prominent 1,380sqm building with important 30 metre retail frontage and rear loading dock.
+ Significant 1,472sqm Commercial 1 Zone (C1Z) freehold title.
+ Trophy CBD position amongst Woolworths, McDonalds, IGA, Australia Post & major banks.
+ Cobram: important service centre with 25,000+ trade catchment.
+ Net Income: $186,000pa + GST
For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021
Property ID: 503924242Last Updated: 5 Jan 2022
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Kerr Real Estate44 Punt Road
COBRAM, VIC 3644
COBRAM, VIC 3644
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Target, 21-27 High Street,Cobram, VIC 3644 1380 m²Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Contact Agent
Pets Domain & Intersport, 37 Bank Street,Cobram, VIC 3644 993 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Contact Agent
Woolworths/Caltex, 2-4 Murray Street,Cobram, VIC 3644 1 m²Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail