New 6 & 7 year agreements to Victorian Government & Adairs

**50% Stamp Duty Saving***

+ Victorian Government: New 7-year licence plus 5 x 5 year options through to 2038
+ Adairs: New 6 year lease plus 6 year option through to 2033
+ Adairs Ltd: ASX listed, 160 stores (Aus/NZ), current market cap of $644M
+ Prime Warrnambool CBD location, positioned perfectly between Coles & McDonald’s
+ Newly refurbished 800sqm* building including new roof
+ Large 1,150sqm freehold site, 20+ metre of frontage plus additional parking
+ Warrnambool: Victoria’s largest coastal city (outside of Port Phillip Bay) with a growing trade catchment circa 100,000 approx.
+ Net Rent: $176,000 pa + GST

For Sale by Private Treaty