Commercial Ready Logo
Watch Watch
Your home of Commercial Ready videos
Watch Watch
Search
All Videos
Search
Grid
Back
Sold Check
Go to Home
Properties / Sold / Victoria / Morwell
Save
Share
Sold

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

Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840
×
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
Add to calendar
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
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
Mingxuan Li 李名轩
Mingxuan Li 李名轩
+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

Download Development Site Report
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
Mingxuan Li 李名轩
Mingxuan Li 李名轩
+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

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

One moment please.

Retrieving map...

Morwell Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

Powered by DistrictData

View Full Report – Dataroom

One moment please.

Retrieving suburb data...

+ More nearby suburbs – View dataroom

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.
in full report
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
Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840 Morwell
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
JLL - Melbourne
JLL - Melbourne
Level 33, 101 Collins Street Melbourne Vic 3000
View Agency Profile
Mingxuan Li 李名轩
Mingxuan Li 李名轩
+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
calculator-icon Yield Calculator
calculator-icon Yield Calculator
calculator-icon
income-icon clear-icon
income-icon clear-icon
income-icon