Trophy Freestanding Woolworths Freehold Investment

60-66 union street, kyabram vic

Price on Request

  • 100% leased to Woolworths until 2034
  • Successfully redeveloped in 2014
  • Huge sales growth since redevelopment

Property Details

Secure 20 year lease to Woolworths until December 2034 plus options to 2079.
Woolworths Group: Australia’s #1 retailer with sales of $61.5 billion.
Modern 3,334 sqm full line supermarket and standalone BWS outlet.
Significant 7,195 sqm landholding with exceptional vehicular access and at-grade car parking.
Dominant store (the only full line Supermarket in the region) with low risk of future major competition.
Sales growth accelerating: 12 months’ sales (MAT) ended October 2018 up 6.9% and 3 months ended October 2018 up 8.0% year-on-year.
Excellent income tax saving depreciation benefits.
Kyabram: Important commercial and retail service centre within diverse Goulburn Valley agricultural region.
Net Rent: $1,151,725 pa

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

Featured Details

Current Tenant Tenanted
Gross Building Area 3334 sqm
Land Size 7,195 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002589

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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