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37-41 Victoria Street, HASTINGS, VIC, 3915

2. Property Highlights

Proven 1,253sqm Retail Site Opposite Coles Supermarket
  • Strong occupancy history
  • Tenants pay usual outgoings
  • Development Upside (STCA)

+ Near 100% occupancy, majority healthcare and professional tenants including Australian Clinical Labs and H & R Block.

+ Proven Plaza across 4 lots including 13 retail shops and a central arcade.

+ Investor preferred net lease terms with tenants paying all usual outgoings.

+ Favourable annual rent reviews assuring growth.

+ Significant 1,253sqm* site with 41 metre frontage to Victoria Street and direct access to 250+ council car parks.

+ Irreplaceable position directly opposite Coles Supermarket and nearby Woolworths, ALDI, K-Mart & Ritchie’s IGA.

+ Future subdivision and development upside (STCA).

+ Surrounded by important social infrastructure, including 5 schools within 2km servicing a combined 1,053 full time students. (GapMaps)

+ Hastings: commercial capital of Western Port, only 58km from Melbourne CBD.

+ Net Income: $200,376pa + GST (Fully Let Basis)

For Sale by Expressions of Interest

Closing 4pm (AEDT), Thursday 24 February 2022

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

37-41 Victoria Street, HASTINGS, VIC, 3915

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4. Due Diligence

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37-41 Victoria Street, HASTINGS, VIC, 3915 Hastings
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