SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Rare Affordable Supermarket Freehold

71 The Esplanade & Fleischer Street, PAYNESVILLE VIC

Description

Secure 5 year lease to October 2020, plus options to 2035
Lessee pays all usual outgoings as per the lease
Substantial 1,322 sqm Commercial 1 site with dual frontage of 26 metres
Modern 1,044 sqm building including liquor, deli, ATM
Prime waterfront location opposite popular tourist Marina, Ferry, Fisherman’s Wharf etc
Central amongst Banks, Pharmacy, Bakery, Newsagent, Hotel
Potential long term redevelopment – retail and apartments STCA
Foodworks: Australia’s largest truly independent supermarket group supporting $2 billion in annual sales throughout 650 stores
Paynesville / Metung: Gippsland Lakes tourist mecca on Lake Victoria with local trade catchment circa 6,000, plus significant year round holiday influx
Rent $110,000 pa

Auction 11am Wednesday 29th June
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Supermarket
Land Size
1,322 SQM
Gross Building Area
1,044 SQM

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