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High Profile Woolworths Petrol Investment

2-4 Murray Street, Cobram VIC

Property Highlights

Renewed Net Lease To Woolworths Ltd

Strategic 1,320sqm Corner Site

Tenant Pays All Outgoings

Description

Renewed 5 year lease to July 2022 plus options to 2042
Modern Woolworths/Caltex Petrol & Convenience Outlet
High profile 1,320 sqm corner site – 95m frontage
Woolworths Petrol: a division of Woolworths Group Limited with a network of over 600 outlets and FY18 revenue of $4.7 billion
Annual CPI rent reviews
Woolworths pays outgoings including single holding land tax and is responsible for on-going maintenance and remediation
Strategic position connecting Cobram’s Commercial Centre and the Murray Valley Highway
Important close proximity to strong trading and supporting Woolworths supermarket
Cobram: Important Murray River commercial service centre with 25,000 plus catchment population extending into NSW
Net Rent: $134,365 pa

Auction 11am AEDT Wednesday 12 December 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Service Station
Land Size
1,320 SQM
Gross Building Area
1 SQM

Contact Agents

Shaun Venables

+610 411 860865

Scott Meighan

0413 830 709

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