Skip to Main Content

Coles Woodend, 61 High Street, Woodend, Vic 3442

Coles Woodend, 61 High Street, Woodend, Vic 3442

Retail

  • For Sale
  • Contact agent
  • For Sale

Super Prime Freestanding Coles Supermarket Investment

  • Full Line Coles Supermarket & Liquorland
  • New 10 Year Net Lease
  • Recently constructed in 2018

  • Land Area
  • 1.12ha (2.78 acres) (approx)
  • Floor Area
  • 3,780 m²
  • Building
  • Whole
  • Last Updated
  • May 14, 2021
  • Car Spaces
  • 187

Additional Details


Interested in this property? Contact an Agent today

Stonebridge Property Group - Melbourne

Level 3, 111 Coventry Street

Southbank Vic 3006

Super Prime Freestanding Coles Supermarket Investment

Stonebridge Property Group are pleased to present for sale Coles Woodend. A rare opportunity to acquire a freestanding Coles Supermarket in a growth corridor and tree change location. Situated on the corner of High Street and Urquhart Street and adjoining the Woodend Train station, this is arguably one of the most secure investment assets of 2021.

Key investment highlights include:

+ Newly developed 3,780sqm* freestanding full-line Coles Supermarket & Liquorland
+ Secured by a highly sought-after Net lease, on a 10-year initial term
+ Outstanding supermarket performance, with sales productivity on a rate per sqm basis 49% in excess of benchmarks
+ Income growth potential with turnover growing rapidly, supported by retail spend forecast to grow by 3.9% annually to $136m in 2031
+ High quality construction completed in 2018 providing depreciation benefits
+ Growth corridor and ‘tree change’ location, with a large Main Trade area of 30,550 people forecast to grow at 1.6% p.a. to 2031
+ High profile 1.1 hectare town centre landholding located adjacent to the Woodend train station
+ At grade car parking for 187 vehicles
+ Net

Coles Woodend, 61 High Street, Woodend, Vic 3442

Be the first to see new properties

Sign up for a MyCommercial account to get property alerts.

Get Email Alerts