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Woolworths Maryborough, 34-36 Tuaggra Street, Maryborough, VIC, 3465

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Woolworths Maryborough, 34-36 Tuaggra Street, Maryborough, VIC, 3465

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Woolworths Maryborough, 34-36 Tuaggra Street, Maryborough, VIC, 3465

Maryborough

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Woolworths Maryborough, 34-36 Tuaggra Street, Maryborough, VIC, 3465

Woolworths Maryborough, 34-36 Tuaggra Street, Maryborough, VIC, 3465

Properties / Sold / Victoria / Maryborough
Tenanted Investment
Selling Method
Expression of Interest
Selling Details
via EOI closing 3PM (AEDT), Thursday 16 Nov 2023
Land Area
9,699 m² (*approx)
Floor Area
4294 m² (*approx)
Property Type
Retail
Sub-type
Shopping Centre
Terms
24-year lease
Est. Income
$944,215 p/a
Fully Leased
Woolworths Group Limited
Zone
Commercial 1 Zone (C1Z)
Car Spaces
159
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Dominant Freestanding Woolworths with Rare Net Lease
  • First time offered
  • Tenant undertaking $9m refurbishment
  • Initial term percentage rent forecast

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

Read More
Tenanted Investment
Tenanted Investment

34-36 Tuaggra Street Investment Summary

Property Type
Retail
Sub-type
Shopping Centre
Est. Income
$944,215 p/a
Tenant
Woolworths Group Limited
Terms
24-year lease
Land Area
9,699 m² (*approx)
Floor Area
4294 m² (*approx)
Zone
Commercial 1 Zone (C1Z)
Car Spaces
159
Selling Method
Expression of Interest
Selling Details
via EOI closing 3PM (AEDT), Thursday 16 Nov 2023

Investment Highlights

Dominant Freestanding Woolworths with Rare Net Lease
  • First time offered
  • Tenant undertaking $9m refurbishment
  • Initial term percentage rent forecast

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

Read More
Tenanted Investment

Finance Calculator

Woolworths Maryborough, 34-36 Tuaggra Street, Maryborough, VIC, 3465

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Property Location of Woolworths Maryborough, 34-36 Tuaggra Street, Maryborough, VIC, 3465

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Woolworths Maryborough, 34-36 Tuaggra Street, Maryborough, VIC, 3465 Maryborough
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