Affordable Investment Leased to Coles Limited
38 Spring Square , Hallam VIC
Property Highlights
Description
8 year lease to 2022 plus options to 2062.
Annual CPI rent reviews.
Liquorland: A growing subsidiary of Coles Group Limited $39.2 billion FY17 revenue including sales from 897 liquor stores.
Significant 689 sqm Commercial 1 Zoned site with rear access.
Strategic homeward-bound retail precinct (Via Princess Hwy), opposite high trading Coles supermarket and with the benefit of approximately 232 council car spaces.
Ideally positioned in the middle of Spring Square directly surrounded by approximately 40 complementary retail stores.
Hallam: Booming metro location within City of Casey, Victoria’s most populous council – Forecast population growth of 54% to 514,800 by 2041.
Rent: $78,572 pa
Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne
Property Details