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316 Glenelg Highway (Corner Wiltshire Lane), Delacombe, Vic 3356

316 Glenelg Highway (Corner Wiltshire Lane), Delacombe, Vic 3356

Retail

  • Sold Contact Agent
  • Fri 05-Jun-20

  • Floor Area
  • 460 m²
  • Tenure Type
  • Vacant Possession
  • Building
  • Partial
  • Last Updated
  • Sep 03, 2021

Interested in this property? Contact an Agent today

CBRE - Melbourne

Level 34, 8 Exhibition Street

Melbourne Vic 3000

Jing Jun Heng

BRAND NEW BP ANCHORED INVESTMENT IN MAJOR GROWTH AREA - 15 YEAR NET LEASE

+ Brand new 15 year ‘net’ lease to BP (head lease), plus 2 specialty shops

+ Strategic corner position, spread across 4,579sqm of Urban Growth Zone Land

+ Positioned in the heart of Delacombe, directly adjoining a thriving 24 hour McDonalds and directly adjacent to the Delacombe Town Centre (WOW and Kmart) plus Bunnings Warehouse

+ Brand New Development Built in March 2020 with significant depreciation benefits

+ Net income of $413,124* p.a. (fully leased) + fixed annual rental increases (BP 2.5%) + depreciation benefits


FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 20TH MAY 2020 AT 5:00PM (AEST)

For further information please contact the exclusive sales and marketing agents:

Rorey James
+61 439 400 081

Kevin Tong
+61 422 848 818

Justin Dowers
+61 438 098 805


*approx

316 Glenelg Highway (Corner Wiltshire Lane), Delacombe, Vic 3356

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