Landmark Cinema Complex Opposite Woolworths Supermarket
4-18 Smith Street, Leongatha VIC
Property Highlights
Description
+ Secure 15-year net lease to 2034 plus 10 year option to 2044.
+ Stadium 4 Cinemas Leongatha, modern four-screen cinema complex constructed in 2000.
+ Tenant pays all usual outgoings per lease agreement.
+ High profile 1,417sqm* CBD site, central amongst national tenants and council chambers – Woolworths, ALDI, McDonald’s, KFC, Kmart and South Gippsland Shire HQ all within 400 metres.*
+ Surrounded by important social infrastructure, including 5 schools within 2km servicing over 2,100 full time students.**
+ Strategically located asset, being the only multi-cinema complex within a 60km* radius.
+ Important 450+ car park spaces within 120 metres.*
+ Leongatha: capital of South Gippsland, rich dairy region, trade catchment circa 15,000, 75km SE of metro Melbourne.
+ Potential 50% stamp duty savings.
+ Rent: $148,625* pa + GST
**GapMaps
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property Details