Watch Watch
Back
×
+15 Photos
Woolworths Colac, 2-16 Bromfield Street, Colac, VIC, 3250

2. Property Highlights

WOOLWORTHS COLAC CENTRE – THRIVING SHOPPING CENTRE 100% LEASED
  • 100% leased shopping centre with upside
  • Rare ‘Triple Net Lease' to Woolworths
  • Significant stamp duty savings

Gross Waddell ICR is excited to offer for sale Woolworths Centre Colac, a fully leased shopping centre anchored by a long-standing Woolworths Supermarket and occupying a prime central CBD locale within a bustling catchment.

• Thriving shopping centre anchored by Woolworths and supported by 6 specialty tenancies

• 84.29%* of the centre leased to Woolworths Limited: an ASX-giant with over 1,110 stores* nationally

• Additional 6 well-established specialty tenancies including EG Ampol, Bakers Delight and Blooms The Chemist

• Estimated net income of $1,262,901 per annum*

• Full-line Woolworths (inc. BWS) on a rare ‘Triple Net Lease’

• Strong trading supermarket with upwards sales projections forecast and genuine future rental growth via refurbishment or future development (STCA)

• Irreplaceable and highly exposed central CBD island site residing on over 11,790 sqm* of C1Z land

• 159* at grade car parks providing easy customer access

• Dynamic trade catchment area and positioned amongst major retailers including Aldi, Coles, Bunnings, Kmart, and Best & Less

• Potential stamp duty savings of 50%

Woolworths Centre Colac is being offered for sale via an Expressions of Interest campaign, closing at 3:00pm on Thursday 7th March 2024. To obtain further information or to arrange an inspection, please contact the team at Gross Waddell ICR directly.

*Approx.

Remember to mention you found this property on CommercialReady

Read More

4. Property Location

Woolworths Colac, 2-16 Bromfield Street, Colac, VIC, 3250

Property Map
Show properties in the area

5. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Enquire
calculator-icon Yield Calculator
calcultor-icon Yield Calculator