Stonebridge Property Group are pleased to advise the property is now under contract.
The key highlights of the opportunity include:
• Full-line Woolworths + BWS, Terry White Chemmart + Café/Bakery with a total lettable area of 3,384 sqm*
• 9.7 year WALE (by area), underpinned by a new 10 year lease to Woolworths + BWS
• Premium quality development completed in 2020 by Woolworths Group, with significant depreciation potential
• Melbourne metro location, 25km* north of Melbourne CBD & 15km* from Melbourne Airport
• Large Main Trade Area of 40,580 people in a growth corridor location[1]
• Ultra-convenient town centre position, with 185* at-grade car spaces
• Net Income of $1,080,000 * p.a. with 96%* of gross rent secured to Woolworths & Terry White Chemmart
*Approximate
[1]Location IQ
Justin Dowers
0438 098 805
Kevin Tong
0422 848 818
Philip Gartland
0403 582 324
Property Code: 236
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Woolworths Greenvale Lakes, James Mirams Drive, Roxburgh Park, VIC, 3064