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

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

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

Properties / Buy / Victoria / Morwell
Tenanted Investment

1. Property Summary

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

2. Property 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

1. Property 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
Add to calendar
Selling Details
Closing Wednesday 10th April 2024 at 3pm (AEST)

2. Property 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
Mingxuan Li
Mingxuan Li
+61 *** *** *** show +61 498 688 998
Message
+61 498 688 998 mingxuan.li@jll.com Message
Stuart Taylor
Stuart Taylor
+61 *** *** *** show +61 428 000 000
Message
+61 428 000 000 stuart.taylor@jll.com Message
Tom Noonan
Tom Noonan
+61 *** *** *** show +61 402 319 698
Message
+61 402 319 698 tom.noonan@jll.com Message
Justin Dowers
Justin Dowers
+61 *** *** *** show +61 438 098 805
Message
+61 438 098 805 JDowers@stonebridge.com.au Message
Philip Gartland
Philip Gartland
+61 *** *** *** show +61 403 582 324
Message
+61 403 582 324 pgartland@stonebridge.com.au Message
Kevin Tong
Kevin Tong
+61 *** *** *** show +61 422 848 818
Message
+61 422 848 818 KTong@stonebridge.com.au Message

Download Development Site Report

3. Property Location

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

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Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840 Morwell
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JLL - Melbourne
JLL - Melbourne
Level 40, 101 Collins Street Melbourne Vic 3000
View Agency Profile
Mingxuan Li
Mingxuan Li
+61 *** *** *** show +61 498 688 998
Stuart Taylor
Stuart Taylor
+61 *** *** *** show +61 428 000 000
Tom Noonan
Tom Noonan
+61 *** *** *** show +61 402 319 698
Stonebridge Property Group - Melbourne
Stonebridge Property Group - Melbourne
Level 19, 627, Chapel Street, South Yarra, City of Stonnington, Victoria, Australia, 3141
Justin Dowers
Justin Dowers
+61 *** *** *** show +61 438 098 805
Philip Gartland
Philip Gartland
+61 *** *** *** show +61 403 582 324
Kevin Tong
Kevin Tong
+61 *** *** *** show +61 422 848 818
Enquire
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