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Classic Woolworths Investment, Freestanding, Net Lease

28 Williams Street, Seymour VIC

Property Highlights

Securely leased to Woolworths
Dominant trader close to turnover rent
Rare net lease, tenant pays outgoings

Description

+ Securely leased to Woolworths, one of Australia’s most desirable tenants
+ Long lease with options to August 2043
+ Preferred net lease terms with Woolworths paying outgoings
+ Rental growth phase imminent
+ Substantial 4,675 sqm full line supermarket with all departments including BWS liquor
+ Significant 10,375 sqm landholding providing abundant customer parking
+ Recent $1.5million upgrade by Woolworths, car park about to undergo $300,000 improvements
+ Excellent tax saving depreciation benefits
+ Seymour: growing commuter centre, less than 1 hour from Melbourne
+ Net Income: $800,000 pa + GST

For Sale by Auction
12 noon Wednesday 30 October 2019
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Supermarket
Land Size
10,375 SQM
Building Area
4,673 SQM

Contact Agents

Shaun Venables

0411 860 865

Contact Me

Graeme Watson

0419 717 171

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