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Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street, Swan Hill, Swan Hill, Vic 3585

Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street, Swan Hill, Swan Hill, Vic 3585

Retail

  • For Sale
  • Contact Agent
  • Expression of Interest

Dominant Coles Supermarket & Liquorland + 4 shops

  • Coles, Liquorland + 4 Shops
  • Coles + Liquorland (85*% of Gross Rent)
  • 8,203 sqm* Commercial 1 Zoned Site

  • Land Area
  • 0.82ha (2.03 acres) (approx)
  • Floor Area
  • 3,452 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 14, 2021

Additional Details


Interested in this property? Contact an Agent today

Stonebridge Property Group - Melbourne

Level 3, 111 Coventry Street

Southbank Vic 3006

Stonebridge Property Group - Sydney

Level 7, 14 Martin Place

Sydney NSW 2000

Philip Gartland, Stonebridge Property Group - Sydney
Philip Gartland

Dominant Coles Supermarket & Liquorland + 4 shops

Stonebridge Property Group are pleased to present for sale Coles Swan Hill Shopping Centre.

Coles Swan Hill Shopping Centre is an outstanding investment opportunity anchored by a dominant Coles Supermarket, Liquorland + 4 shops.

Key investment highlights include:

+ Coles, Liquorland + 4 shops over a total lettable area of 3,452 sqm*
+ 85%* of gross rent is secured to Coles and Liquorland on net leases
+ Dominant Coles supermarket: trading 40% in excess of benchmarks [1]
+ Outstanding income growth potential, with a Coles rent review due in Aug-21
+ Low average gross specialty rentals of $565 per sqm* with annual rental reviews
+ 8,203 sqm* Commercial 1 Zoned site
+ Estimated net income of $1.1 million p.a*

[1] Jan-21 MAT (excl. GST) on $/sqm basis compared to Macroplan benchmark
*approximate

Coles Swan Hill Shopping Centre is For Sale. To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.

Justin Dowers
0438 098 805

Kevin Tong
0422 848 818

Philip Gartland
0403 582 324

Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street, Swan Hill, Swan Hill, Vic 3585

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