Brand New Woolworths Supermarket, BWS + 2 Shops

  • $20,000,000/Contact agent

Property Description

Stonebridge Property Group are pleased to advise the property is now under contract.

The key highlights of the opportunity include:

• Full-line Woolworths + BWS, Terry White Chemmart + Café/Bakery with a total lettable area of 3,384 sqm*

• 9.7 year WALE (by area), underpinned by a new 10 year lease to Woolworths + BWS

• Premium quality development completed in 2020 by Woolworths Group, with significant depreciation potential

• Melbourne metro location, 25km* north of Melbourne CBD & 15km* from Melbourne Airport

• Large Main Trade Area of 40,580 people in a growth corridor location[1]

• Ultra-convenient town centre position, with 185* at-grade car spaces

• Net Income of $1,080,000 * p.a. with 96%* of gross rent secured to Woolworths & Terry White Chemmart

*Approximate

[1]Location IQ

Justin Dowers
0438 098 805

Kevin Tong
0422 848 818

Philip Gartland
0403 582 324

Property Code: 236

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