SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Affordable Freestanding Supermarket- Proven Performer

182-184 Borella Road , East Albury NSW

Property Highlights

Renewed 7 Year lease, Metcash Guarantee
Trades above percentage rent threshold
Tenant pays all usual outgoings
Register to Bid

Description

+Renewed Seven (7) year lease to 2028 plus options to 2042, with Metcash Guarantee
+Metcash: Leading wholesale Distribution company, sales circa $16 billion+ FY21, current market cap circa $4.30 billion
+Attractive net lease terms with tenant responsible for all usual outgoings as per the lease
+A super trading store well above percentage rental threshold
+As new, modern 1,534sqm* store, rebuilt in 2014 with usual full-line departments including liquor
+Substantial 3,509sqm* site over two titles with 44 convenient on site car spaces
+Located directly opposite the Albury Base Hospital, the second-largest regional health service in Victoria
+Albury/Wodonga is one of Australia’s most important regional centres with 100,435 residents, forecast to grow 24.2% by 2036**
+Albury Wodonga is Australia’s 13th largest non-capital city
+The twin cities of Albury/Wodonga have a booming population of 100,435, with 7,673 businesses supporting 51,747 jobs***
+Net Income: $437,035pa + GST*

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room

*approx
***id

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Supermarket
Land Size
3,509 SQM
Building Area
1,574 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights