Long Established Foodworks Anchored Shopping Centre

61 bridle road, morwell

Price on Request

  • Award winning supermarket operators
  • Brand new 10 year lease
  • Significant site with dual frontage

Property Details

Established shopping centre since 1982 - anchored by proven and award winning Foodworks supermarket plus 3 specialty shops - Hairdresser, Fish n Chips and Pizza
Foodworks: new 10 year lease to 2027 plus 10 + 10 year options to 2047
Specialty Shops: leases vary from 2-5 years plus options
Fixed 2.5% - 3% increases / Tenants pay usual outgoings
1,468 sqm site with dual 72 metre frontage, plus 17 car spaces over 4 titles
Strategic 'Northside' location opposite Kurnai College Campus (700 students)
Foodworks: Australia's largest truly independent supermarket group supporting $2 billion in annual sales throughout 650 stores
Morwell: Central within Greater Latrobe Valley urban area (population 75,000) regional hub of Gippsland, 145 kms east of Melbourne
Rent: $144,992 pa

Auction 11am AEST Wednesday 20 September 2017
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 720
Land Size 1,468 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001479

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

Similar Properties

  • Secure Metropolitan KFC Investment

    230-242 racecourse road, flemington

  • Rare Affordable Woolworths Petrol Investment

    72 vestan drive, morwell

  • Modern Petrol Station & Car Wash – New 12 Year Lease – Circa 6% Yield

    296-298 frankston-dandenong road, seaford