Freestanding Woolworths Supermarket Investment: Buy it Now

60-66 union street, kyabram vic

Price: $19,000,000

  • 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: $1,142,673 pa

Private Sale

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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