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Burgess Rawson - Melbourne

Target, 10 Sylvia Place Tumut, NSW 2720

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Target, 10 Sylvia Place,
Tumut, NSW 2720

Shop & Retail

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Burgess Rawson - Melbourne
Target, 10 Sylvia Place
Tumut, NSW 2720
Burgess Rawson - Melbourne
Billy Holderhead
Raoul Holderhead

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000

Map of Target, 10 Sylvia Place

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High Yielding Standalone Wesfarmers Freehold

  • Strategic Location Next to Coles
  • Renewed Lease to Target Australia Ltd
  • Strong Performing Target Store
Renewed lease to Target/Wesfarmers Ltd
Annual fixed 3% rent increases
Large site fully integrated with Coles
Brand new 3 + 3 year lease to Target
Modern, low-maintenance retail store of approximately 1,500 sqm, developed in 2008
Strong trader, 7.4% store sales growth in the last 4 months
Strategic 4,083 sqm retail site, surrounded by Coles, KFC, BWS, Snowy Valley Council offices with approx 50 at-grade car spaces on-title
Annual, fixed, compounding 3% rent increases
Target: Iconic 93 year old retailer, wholly owned by $39 billion Wesfarmers, recent increase in half year sales to an estimated $1.5 billion
Tumut: Vibrant retail and service sector servicing a population of over 15,000 and strategically located midway between Sydney and Melbourne
Estimated net rent: $229,775 p.a.

Private Treaty

Property ID: 503168286Last Updated: 16 Apr 2020

Agency contacts

Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
View agency profile
Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Billy Holderhead

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Billy Holderhead
Burgess Rawson - Melbourne
Target, 10 Sylvia Place Tumut, NSW 2720

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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