Trophy Freestanding Coles Supermarket – Rare Stamp Duty Exempt Offering

Description

CBRE Private Wealth, together with Colliers Retail Middle Markets, are pleased to offer to market Coles Supermarket in Warrnambool VIC for sale via Expressions of Interest, closing 3pm AEST Thursday 16 July 2026.

This opportunity has the following key investment highlights:

+ First Supermarket offered to the market with an attractive stamp duty exemption.
+ Early lease extension totalling Thirty (30) Year lease to August 2038 plus Two (2) further Ten (10) Year & Two (2) further Five (5) Year options to August 2068.
+ Coles: subsidiary of ASX-listed Coles Group Limited (ASX:COL), is a top 25 ASX listed company and one of Australia’s leading grocery retailers with an extensive network of 860 supermarkets nationally. (1)
+ Highly desirable net lease structure with the tenant paying all usual outgoings, including land tax & building insurance, as per the lease.
+ Strategic 4,048 sqm* commercial 1 Zoning (C1Z) site with prominent frontage and exposure to Warrnambool’s key thoroughfare Lava Street.
+ Rare freestanding 2,670sqm* supermarket, highly accessible site with three ingress & egress points off Lava Street, Kepler Street and Koroit Street.
+ The only full-line supermarket within the Warrnambool CBD, trading on-site for 15+ years.
+ Prime location in the epicentre of the retail precinct within the Warrnambool CBD with national tenants Target, Chemist Warehouse, Reject Shop, Cotton On, Sportsgirl, Gazman, McDonald’s, KFC & more within 400m.*
+ Combined access to 159 at-grade car parks with 66 car-parks on title.
+ Warrnambool: a thriving regional powerhouse and Victoria’s 8th largest regional city commanding a 150,000+ trade catchment extending through to Port Fairy. (2)
+ Warrnambool is a gold medal-winning tourism hub, recognised at the 2025 Victorian Top Tourism Town Awards, attracting 700,000 visitors annually.(2)
+ Warrnambool City: home to 36,255 people, Warrnambool LGA supports 18,518 jobs and has an annual economic output of $6.324 billion. (3)
+ Net Income: $790,226 pa* + GST

To be sold by Expressions of Interest
Closing 3pm AEST Thursday 16 July 2026

Please contact the exclusively appointed sales team for more information.

*Approx
(1) Coles
(2) Warrnambool.vic.gov.au
(3) REMPlan

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Contact agents
Jamie Perlinger Senior Director
0413 860 315
Matthew Wright Senior Director
+61 458 290 588
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Warrnambool, VIC

133-141 Lava Street

For Sale by Expression of Interest

This property is part of Portfolio 185

Price: Contact Agent

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