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3-5 Wellington Street, Paynesville, VIC, 3880
Paynesville
Burgess Rawson is delighted to exclusively present to the market the Paynesville Village Shopping Centre for sale via our Investment Portfolio Auction #172 on Wednesday 30 October 2024 at 10:30am AEDT, Crown Casino, Melbourne.
This opportunity has the following key investment highlights:
+ Long 7.35 Year WALE with Ritchies IGA paying over 90% of the total rent and supported by Australia Post.
+ Full-line Ritchies IGA supermarket plus Liquor with significant Year on Year sales growth, consistently paying percentage rent plus annual CPI reviews.
+ Ritchies IGA: one of Australia’s largest independent Supermarket chains with $1.4B* sales revenue in 2024 and has a strong backing by Metcash (ASX: MTS) who own a 29.9% stake.
+ Substantial 4,462*sqm C1Z site, supported by a combined 98 on-title and council spaces, including a signed section 173 agreement with council.
+ Landlord favourable net lease terms with both tenants responsible for all usual outgoings.
+ Expansive 2,023sqm* full-line supermarket plus Liquor and the only supermarket and Liquor shop in the region – Nearest Coles or Woolworths is in Bairnsdale, 16km* away and a 35-minute round trip.
+ Recent Supermarket refurbishment, tenant funded
+ Major depreciation tax benefits.
+ Potential 50% stamp duty savings.
+ Paynesville: thriving tourist region and the ‘Boating Capital’ of Victoria with a current population of 6,946 and forecasted to grow 32% by 2046.**
+ Net Income: $535,443 pa* + GST
To be sold via Burgess Rawson Investment Portfolio Auction #172
Wednesday 30 October 2024 at 10:30am AEDT,
Crown Casino, Melbourne
*approx
**profile id
Remember to mention you found this property on CommercialReady
Burgess Rawson is delighted to exclusively present to the market the Paynesville Village Shopping Centre for sale via our Investment Portfolio Auction #172 on Wednesday 30 October 2024 at 10:30am AEDT, Crown Casino, Melbourne.
This opportunity has the following key investment highlights:
+ Long 7.35 Year WALE with Ritchies IGA paying over 90% of the total rent and supported by Australia Post.
+ Full-line Ritchies IGA supermarket plus Liquor with significant Year on Year sales growth, consistently paying percentage rent plus annual CPI reviews.
+ Ritchies IGA: one of Australia’s largest independent Supermarket chains with $1.4B* sales revenue in 2024 and has a strong backing by Metcash (ASX: MTS) who own a 29.9% stake.
+ Substantial 4,462*sqm C1Z site, supported by a combined 98 on-title and council spaces, including a signed section 173 agreement with council.
+ Landlord favourable net lease terms with both tenants responsible for all usual outgoings.
+ Expansive 2,023sqm* full-line supermarket plus Liquor and the only supermarket and Liquor shop in the region – Nearest Coles or Woolworths is in Bairnsdale, 16km* away and a 35-minute round trip.
+ Recent Supermarket refurbishment, tenant funded
+ Major depreciation tax benefits.
+ Potential 50% stamp duty savings.
+ Paynesville: thriving tourist region and the ‘Boating Capital’ of Victoria with a current population of 6,946 and forecasted to grow 32% by 2046.**
+ Net Income: $535,443 pa* + GST
To be sold via Burgess Rawson Investment Portfolio Auction #172
Wednesday 30 October 2024 at 10:30am AEDT,
Crown Casino, Melbourne
*approx
**profile id
Remember to mention you found this property on CommercialReady
3-5 Wellington Street, Paynesville, VIC, 3880
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
