Retail, Other
Retail, Other
Expressions of Interest
Closing Tue 30 March 2021 3pm (AEDT)
• Strategically located in the largest city in northern Victoria within the Goulburn region, known as the 'The Fruit Bowl of Australia'
• Located on the major urban growth corridor of Greater Shepparton which is one of Victoria's strongest regional cities, 180 kilometers* north of the Melbourne CBD
• Large and highly exposed 1.339* hectare land holding with excellent vehicular access (133 metres* of street frontage)
• Commercial 1 (C1Z) Zoning and potential further development with excess land, not currently sealed for car parking, which can facilitate a supermarket extension in the future STCA^
• Freestanding Coles Supermarket and Liquorland of (2,860m²* GFA) plus a separate freestanding canopy and fuel pumps for the Shell Coles Express (Viva Energy) Petrol Station
• Convenient at-grade car park for 141 vehicles* (4.9 cars / 100m²*)
• Secure 20 year NET lease to Coles Group Limited expiring 07 November 2022 with 2 further 10 year options to 2042
• Estimated Net Income of $562,669* per annum
• Opportunity to capitalise on the Shepparton and Mooroopna 2050: Regional City Growth Plan**
• Set to benefit from significant government investment ($800 million* of committed funding) towards rail and road projects and community infrastructure in Shepparton and Mooroopna
*Approximately
^Subject To Council Approval
**Draft not yet adopted
Remember to mention you found this property on CommercialReady.com.au
