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Clyde North Convenience & Showroom Centre, 680 Berwick-Cranbourne Road & 23-29 Selenium Way, Clyde North, VIC, 3978
Clyde North
An exceptional opportunity to acquire a brand-new large format retail centre plus separate convenience centre within the MAB Element Park Estate. It offers a total gross lettable area (GLA) of 4,213 square metres and is anchored by some of Australia’s leading national large-format retailers including Total Tools and National Tiles, and EG Ampol and Red Rooster.
Convenience Centre
+ New 12-year lease to EG Ampol & Red Rooster
+ Fixed 2.5% annual rental increases
+ Net Lease structure with tenant responsible for all usual outgoings (excluding land tax)
+ Exceptional exposure to Berwick-Cranbourne Road and the Thompsons Road intersection which is exposed to 44,000 cars daily.
+ Estimated Fully Leased Net Income - $414,224 p.a. + GST
Showroom Centre
+ Exceptional tenancy mix entirely underpinned by leading national LFR retailers
+ Guaranteed income growth with all tenants on either 3.0% or greater annual rental increases
+ Net Lease structures with all outgoings being recovered except for land tax
+ Unrivalled income security with a highly attractive 10-year WALE (by area)
+ Convenient at-grade parking for 92 vehicles
+ Estimated Fully Leased Net Income - $872,485 p.a. + GST
For further information, please contact the exclusive selling agents:
Stuart Taylor | 0428 000 000
Tom Noonan | 0402 319 698
MingXuan Li 李名轩 | 0 498 688 998
Dominic McGrath | 0416 440 525
Expansive 11,649sqm corner site
Long 10-year WALE (by income)*
Anchored by leading national retailers
Remember to mention you found this property on CommercialReady
An exceptional opportunity to acquire a brand-new large format retail centre plus separate convenience centre within the MAB Element Park Estate. It offers a total gross lettable area (GLA) of 4,213 square metres and is anchored by some of Australia’s leading national large-format retailers including Total Tools and National Tiles, and EG Ampol and Red Rooster.
Convenience Centre
+ New 12-year lease to EG Ampol & Red Rooster
+ Fixed 2.5% annual rental increases
+ Net Lease structure with tenant responsible for all usual outgoings (excluding land tax)
+ Exceptional exposure to Berwick-Cranbourne Road and the Thompsons Road intersection which is exposed to 44,000 cars daily.
+ Estimated Fully Leased Net Income - $414,224 p.a. + GST
Showroom Centre
+ Exceptional tenancy mix entirely underpinned by leading national LFR retailers
+ Guaranteed income growth with all tenants on either 3.0% or greater annual rental increases
+ Net Lease structures with all outgoings being recovered except for land tax
+ Unrivalled income security with a highly attractive 10-year WALE (by area)
+ Convenient at-grade parking for 92 vehicles
+ Estimated Fully Leased Net Income - $872,485 p.a. + GST
For further information, please contact the exclusive selling agents:
Stuart Taylor | 0428 000 000
Tom Noonan | 0402 319 698
MingXuan Li 李名轩 | 0 498 688 998
Dominic McGrath | 0416 440 525
Expansive 11,649sqm corner site
Long 10-year WALE (by income)*
Anchored by leading national retailers
Remember to mention you found this property on CommercialReady
Clyde North Convenience & Showroom Centre, 680 Berwick-Cranbourne Road & 23-29 Selenium Way, Clyde North, VIC, 3978
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
