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Kmart Moe, Cnr Saviges & Albert Streets Moe, VIC 3825

Kmart Moe, Cnr Saviges & Albert Streets,
Moe, VIC 3825

Shops & Retail • Showrooms & Large Format Retail

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15 year net lease to Kmart

  • Rare free-standing retail investment
  • Net Passing Income of $806,875 pa* + GST
  • Huge site of 25,180sqm with 494 carparks
• Rare free-standing, single tenanted retail investment
• 15 year lease to Kmart Australia Ltd commenced August 2013
• 1 further term of 10 years
• Site Area of 25,180 sqm
• GLA of 6,298 sqm*
• Commercial 1 Zoning
• Net Passing Income of $806,875 pa* + GST
• Kmart currently paying turnover rent
• Recently refurbished internally in 2014
• The property comprises 494 carparks on-site equating to a ratio of 7.84 bays/100sqm
*Approx.

FOR SALE BY EXPRESSIONS OF INTEREST
Closing 3pm Thursday 22 September 2016

Property ID: 502083298Last Updated: 3 Apr 2017

04280000...
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Kmart Moe, Cnr Saviges & Albert Streets
Moe, VIC 3825
JLL - Melbourne
Level 40, 101 Collins Street
MELBOURNE, VIC 3000
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