Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

+7 Photos
/
Images
Close

Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

Morwell

×
Sold Check
+9 Photos

Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

Morwell

SOLD
Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

Properties / Sold / Victoria / Morwell
Tenanted Investment
Selling Method
EOI
Selling Details
Closing Wednesday 10th April 2024 at 3pm (AEST)
Land Area
11,110 m² (*approx)
Floor Area
4756 m² (*approx)
Property Type
Retail
Sub-type
Large Format, Mixed Use
Car Spaces
259
Show All
Strong Performing Coles & Liquorland + 7 Shops
  • Coles Paying Percentage Rent
  • Rare NET Lease Structure
  • 92% of income underpinned by Coles

JLL Retail Investments in conjunction with Stonebridge have the privilege in offering for sale Coles Morwell Shopping Centre.

 A rare opportunity to acquire a refurbished Coles Supermarket & Liquorland anchored asset with seven convenience-based specialty shops.

Key details of the opportunity include:

      + Anchored by a high performing 4,756 sqm Coles Supermarket

+ 92% of income underpinned by Coles Group

+ Rare NET lease in place with ~90% of outgoings fully recoverable by Coles.

+ Commanding 11,110 sqm activity centre zoned landholding

+ Exceptional parking with 259 at-grade and under croft car bays

+  Potential 50% stamp duty savings available

*Approx.

To obtain further information or to arrange an inspection, please contact the agents below:

JLL Agents:

Stuart Taylor | 0428 000 000

Tom Noonan | 0402 319 698

MingXuan Li 李明轩 | 0498 688 998

Stonebridge Agents:

Justin Dowers | 0438 098 805

Phillip Gartland | 0403 582 324

Kevin Tong | 0422 848 818

Read More
Tenanted Investment
Tenanted Investment

Investment Summary

Property Type
Retail
Sub-type
Large Format, Mixed Use
Land Area
11,110 m² (*approx)
Floor Area
4756 m² (*approx)
Car Spaces
259
Selling Method
EOI
EOI Closing Date
10 Apr 2024 03:00PM
Selling Details
Closing Wednesday 10th April 2024 at 3pm (AEST)

Investment Highlights

Strong Performing Coles & Liquorland + 7 Shops
  • Coles Paying Percentage Rent
  • Rare NET Lease Structure
  • 92% of income underpinned by Coles

JLL Retail Investments in conjunction with Stonebridge have the privilege in offering for sale Coles Morwell Shopping Centre.

 A rare opportunity to acquire a refurbished Coles Supermarket & Liquorland anchored asset with seven convenience-based specialty shops.

Key details of the opportunity include:

      + Anchored by a high performing 4,756 sqm Coles Supermarket

+ 92% of income underpinned by Coles Group

+ Rare NET lease in place with ~90% of outgoings fully recoverable by Coles.

+ Commanding 11,110 sqm activity centre zoned landholding

+ Exceptional parking with 259 at-grade and under croft car bays

+  Potential 50% stamp duty savings available

*Approx.

To obtain further information or to arrange an inspection, please contact the agents below:

JLL Agents:

Stuart Taylor | 0428 000 000

Tom Noonan | 0402 319 698

MingXuan Li 李明轩 | 0498 688 998

Stonebridge Agents:

Justin Dowers | 0438 098 805

Phillip Gartland | 0403 582 324

Kevin Tong | 0422 848 818

Read More
Tenanted Investment

Finance Calculator

Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

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

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

Property Map
Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840 Morwell
calculator-icon Yield Calculator
calcultor-icon Yield Calculator