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Burgess Rawson - Melbourne

Pets Domain & Intersport, 37 Bank Street Cobram, VIC 3644

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Pets Domain & Intersport, 37 Bank Street,
Cobram, VIC 3644

Shop & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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Burgess Rawson - Melbourne
Shaun Venables
Beau Coulter

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Pets Domain & Intersport, 37 Bank Street
Cobram, VIC 3644

Map of Pets Domain & Intersport, 37 Bank Street

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New 10 Year Lease to Pets Domain - Building Fully Refurbished in 2021

  • Leased to Pets Domain & Intersport
  • Immaculately presented building
  • Position perfect freehold title
+Brand new Ten (10) year lease to 2031 plus options to 2051 to Pets Domain (65% of income).
+Pets Domain: proven operator with 49 locations nationally.
+Brand new Five (5) year lease to 2026 plus option to 2031 to Intersport (34% of income).
+Intersport: 70+ stores across Australia.
+100% leased to proven & successful national retailers.
+Fixed 3% annual rent increases.
+Prominent 993sqm* building with important rear loading.
+Building fully refurbished to a high standard in 2021 offering significant tax saving depreciation benefits.
+Prime 1,204sqm* site with ROW access and 8 on-title car parks.
+Prime CBD site amongst Woolworths, IGA, McDonald’s, Australia Post & Kmart.
+Potential 50% stamp duty savings.
+Cobram: important service centre with 25,000+ catchment.
+Net Income: $129,870pa + GST ($133,766pa + GST as at December 2022)

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino - River Room

Property ID: 504078855Last Updated: 7 Jul 2022

Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Kerr Real Estate
44 Punt Road
COBRAM, VIC 3644
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