Strategic growth location - long term lease with Metcash Security
Long established facility anchored by Fagg's Mitre 10, the eighth oldest family business in Australia dating back to 1854, majority owned by Metcash Limited subsidiary.
Secure 10 year lease guaranteed by Metcash subsidiary plus further options to 2047.
Metcash Limited, ASX Top 100 company with brands including IGA, Cellarbrations and Autobarn
Fixed annual rent increases.
Substantial 11,350sqm site with triple street frontage totalling 339 metres with easy subdivision potential STCA.
Significant buildings of 5,264sqm plus 750sqm nursery and 96 car spaces on title.
Strategic position with easy access to Geelong Ring Road within established yet growing Regional City of 220,000+ predicted to double by 2050 (G21 Regional growth plan).
Rent: $481,617pa.