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Coles Phillip Island, 114-122 Thompsons Avenue and 89 Church Street, Cowes VIC
Cowes
JLL Retail Investments has the exclusive privilege of offering for sale Coles Phillip Island. An exceptional opportunity to acquire a strong performing freestanding Coles Supermarket strategically positioned in one of Victoria’s most prized coastal destinations.
Situated just 500m from the Cowes waterfront in one of Victoria’s most popular tourist destinations combined with favourable Commercial 1 Zoning (C1Z). The property benefits from secure income and long-term development potential.
Key details of the opportunity include:
+ 100% leased to Coles Supermarkets providing unrivalled income security
+ Ultra strong trading store already paying percentage rent
+ Extremely rare net lease with Coles paying all outgoings including land tax (SHB)
+ A substantial 9,555sqm* landholding with over 200m of prime retail frontage
+ Unparalleled future development potential with favourable Commercial 1 Zoning (C1Z)
+ Potential for 50% stamp duty savings
*Approx.
Coles Phillip Island is For Sale by Expressions of Interest closing Wednesday 5th March 2025 at 3pm (AEST)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
Tom Noonan | 0402 319 698
Stuart Taylor | 0428 000 000
MingXuan Li 李名轩 | 0498 688 998
JLL Retail Investments has the exclusive privilege of offering for sale Coles Phillip Island. An exceptional opportunity to acquire a strong performing freestanding Coles Supermarket strategically positioned in one of Victoria’s most prized coastal destinations.
Situated just 500m from the Cowes waterfront in one of Victoria’s most popular tourist destinations combined with favourable Commercial 1 Zoning (C1Z). The property benefits from secure income and long-term development potential.
Key details of the opportunity include:
+ 100% leased to Coles Supermarkets providing unrivalled income security
+ Ultra strong trading store already paying percentage rent
+ Extremely rare net lease with Coles paying all outgoings including land tax (SHB)
+ A substantial 9,555sqm* landholding with over 200m of prime retail frontage
+ Unparalleled future development potential with favourable Commercial 1 Zoning (C1Z)
+ Potential for 50% stamp duty savings
*Approx.
Coles Phillip Island is For Sale by Expressions of Interest closing Wednesday 5th March 2025 at 3pm (AEST)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents:
Tom Noonan | 0402 319 698
Stuart Taylor | 0428 000 000
MingXuan Li 李名轩 | 0498 688 998
Coles Phillip Island, 114-122 Thompsons Avenue and 89 Church Street, Cowes VIC
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
