Affordable Retail Freehold Investment

11 victoria street, warragul

Price on Request

  • Renewed 5yr lease plus 5yr option
  • Fixed 4% reviews/Tenant pays outgoings
  • Ozmosis: owned by Rip Curl Group

Property Details

Renewed 5 year lease to 2021 with additional 5 year option to 2026
Fixed 4% rent reviews/Tenant pays all outgoings
Established and successful store in prime retail location amongst
Woolworths, Coles, McDonald’s, KFC & major banks
Large 298 sqm site with 12m of retail frontage
Single tenant minimum management investment
Ozmosis: one of Australia's largest retailers of surf, skate and street fashion and owned by the Rip Curl Group
Rip Curl Group: global surf apparel giant with 332 stores worldwide and an annual revenue of $480 million in 2016
Warragul/Drouin: an outer satellite suburb only 33km from metro Melbourne, experiencing a major housing and population boom with forecast growth to 43,000 by 2026
Rent: $93,600 pa + GST (September 2017)

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 1
Land Size 298 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001435

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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