10 Year Lease to Coles Group (Liquorland)

601 victoria street, abbotsford vic

Price on Request

  • Coles Group Limited as Tenant
  • High profile 50 metre retail frontage
  • Evolving high density living precinct

Property Details

10 year lease to August 2023 plus options to 2043
First Choice Liquor (Liquorland): a subsidiary of Coles Group Limited, $39.2 billion FY17 revenue including sales from 894 liquor stores
High profile location on the ground floor of a quality complex incorporating 450+ dwellings plus a further 1,500+ apartments and 96 room Quest in close proximity
Large and strategic ‘homeward-bound’ 1,127 sqm retail premises
3 street frontages including 50 metres of retail exposure to Victoria Street providing opportunity for potential future subdivision STCA
Convenient and easily accessible on-title basement parking for 38 cars
Located in thriving residential precinct opposite Victoria Gardens Shopping Centre and IKEA with a trade catchment of 133,000+ people
Abbotsford: Rapidly evolving & growing ‘high density’ inner city suburb with average annual house price growth of 11.23% & median price of $1.3 million
Significant income tax saving depreciation

Auction 11am AEST Wednesday 9 May 2018
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 1127 sqm
Land Size 1,127 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001974

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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