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182-184 Borella Road, EAST ALBURY, NSW, 2640
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182-184 Borella Road, EAST ALBURY, NSW, 2640

2. Property Highlights

Affordable Freestanding Supermarket- Proven Performer
  • Renewed 7 Year lease, Metcash Guarantee
  • Trades above percentage rent threshold
  • Tenant pays all usual outgoings

+Renewed Seven (7) year lease to 2028 plus options to 2042, with Metcash Guarantee

+Metcash: Leading wholesale Distribution company, sales circa $16 billion+ FY21, current market cap circa $4.30 billion

+Attractive net lease terms with tenant responsible for all usual outgoings as per the lease

+A super trading store well above percentage rental threshold

+As new, modern 1,534sqm* store, rebuilt in 2014 with usual full-line departments including liquor

+Substantial 3,509sqm* site over two titles with 44 convenient on site car spaces

+Located directly opposite the Albury Base Hospital, the second-largest regional health service in Victoria

+Albury/Wodonga is one of Australia’s most important regional centres with 100,435 residents, forecast to grow 24.2% by 2036**

+Albury Wodonga is Australia’s 13th largest non-capital city

+The twin cities of Albury/Wodonga have a booming population of 100,435, with 7,673 businesses supporting 51,747 jobs***

+Net Income: $437,035pa + GST*

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 3 August 2022

Crown Casino - River Room

*approx

***id

Remember to mention you found this property on CommercialReady

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Matthew Wright
Matthew Wright
+61 *** *** *** show +61 458 290 588
Raoul Holderhead
Raoul Holderhead
+61 *** *** *** show +61 413 860 304
Kieran Bourke
Kieran Bourke
+61 *** *** *** show +61 417 418 007

3. Property Location

182-184 Borella Road, EAST ALBURY, NSW, 2640

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4. Due Diligence

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182-184 Borella Road, EAST ALBURY, NSW, 2640 East Albury
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Matthew Wright
Matthew Wright
+61 *** *** *** show +61 458 290 588
Raoul Holderhead
Raoul Holderhead
+61 *** *** *** show +61 413 860 304
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Burgess Rawson - Sydney
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