Savills Retail Investments team are excited to present for sale this generational investment opportunity and just the third full-line supermarket offered in Victoria this year.
Investment highlights include:
- High performing standalone supermarket undergoing $9m tenant refurbishment
- Secured by an unrepeatable 24-year lease to Woolworths Group Limited
- Highly sought-after 'net' lease
- Ultra-rare fixed rental increase of 10% at first option, guaranteeing growth
- Full-line supermarket of 4,294sq m* with brand new Direct to Boot facility
- Substantial site area of 9,699sq m* with 159 car bays on title
- Percentage rent forecast during initial term
- Important 50% Stamp Duty Savings
- Woolworths Limited: ASX-giant with 1,112 stores nationally and market cap of $45.26b.
- Net Income: $944,215pa*
*Approx.
For Sale via Expressions of Interest closing 3pm (AEDT), Thursday 16 November 2023.
Remember to mention you found this property on CommercialReady
Woolworths Maryborough, 34-36 Tuaggra Street, Maryborough, VIC, 3465