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OzDesign, 269 Old Geelong Road, Hoppers Crossing, VIC, 3029
Hoppers Crossing
Gross Waddell ICR is pleased to offer this prominent large format retail investment located within the ever-popular Wyndham Homemaker Centre, a part of one of Victoria’s most popular large format retail destinations. Securely leased to OzDesign, the showroom is surrounded by Australia’s biggest brands and benefits from over 32,000^ cars passing daily.
• Securely leased to OzDesign on a 7-year lease to 2027 plus options to 2041
• OzDesign is a market leading national furniture giant with over 40 stores throughout Australia
• Significant income profile generating $304,172* net pa (after single holding land tax)
• Compounding CPI annual rent increases ensuring rental growth - next increase July 2025
• Immaculately presented 1,420 sqm* showroom with rear RSD access, mezzanine office and ample surrounding carparking
• Proven LFR destination with a plethora of nationally recognised brands adjoining including Bunnings, Officeworks, Mitre 10, Forty Winks, JB Hi-Fi, BCF plus many more
• Located within Wyndham City Council, is one of Australia's fastest growing and culturally diverse municipalities with a population forecast to increase 65% to exceed 463,661 (forecast.id.com.au)
The property is for sale via a Expressions of Interest campaign closing Wednesday the 11th of December 2024 at 3 pm. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.
^VicRoads
*Approx.
Remember to mention you found this property on CommercialReady
Gross Waddell ICR is pleased to offer this prominent large format retail investment located within the ever-popular Wyndham Homemaker Centre, a part of one of Victoria’s most popular large format retail destinations. Securely leased to OzDesign, the showroom is surrounded by Australia’s biggest brands and benefits from over 32,000^ cars passing daily.
• Securely leased to OzDesign on a 7-year lease to 2027 plus options to 2041
• OzDesign is a market leading national furniture giant with over 40 stores throughout Australia
• Significant income profile generating $304,172* net pa (after single holding land tax)
• Compounding CPI annual rent increases ensuring rental growth - next increase July 2025
• Immaculately presented 1,420 sqm* showroom with rear RSD access, mezzanine office and ample surrounding carparking
• Proven LFR destination with a plethora of nationally recognised brands adjoining including Bunnings, Officeworks, Mitre 10, Forty Winks, JB Hi-Fi, BCF plus many more
• Located within Wyndham City Council, is one of Australia's fastest growing and culturally diverse municipalities with a population forecast to increase 65% to exceed 463,661 (forecast.id.com.au)
The property is for sale via a Expressions of Interest campaign closing Wednesday the 11th of December 2024 at 3 pm. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.
^VicRoads
*Approx.
Remember to mention you found this property on CommercialReady
OzDesign, 269 Old Geelong Road, Hoppers Crossing, VIC, 3029
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
