Affordable Investment Leased to Coles Limited

38 spring square, hallam vic

Price on Request

  • 8 year lease to 2022+ options to 2062
  • Directly opposite Coles supermarket
  • Significant 689sqm site w/ rear access

Property Details

8 year lease to 2022 plus options to 2062.
Annual CPI rent reviews.
Liquorland: A growing subsidiary of Coles Group Limited $39.2 billion FY17 revenue including sales from 897 liquor stores.
Significant 689 sqm Commercial 1 Zoned site with rear access.
Strategic homeward-bound retail precinct (Via Princess Hwy), opposite high trading Coles supermarket and with the benefit of approximately 232 council car spaces.
Ideally positioned in the middle of Spring Square directly surrounded by approximately 40 complementary retail stores.
Hallam: Booming metro location within City of Casey, Victoria’s most populous council – Forecast population growth of 54% to 514,800 by 2041.
Rent: $78,572 pa

Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 732 sqm
Land Size 689 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002475

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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