Stonebridge Property Group is pleased to offer for sale Shops 1 & 2, 9 Napier Street, Warragul.
Key highlights include:
- Two (2) side by side investments offered separately or together located moments from the Warragul town centre
Shop 1:
- A highly secure 4-year lease to the Parliament of Victoria (currently utilised as the office for Australian politician Mr Jeff Bourman, Chairman for the Victorian Branch of the Shooters, Fishers & Farmers Party)
- Providing annual income of $55,866** + GST + Outgoings
- Comprising a versatile 170 sqm* building with rear access to free car parking
Shop 2:
- Tenanted by Serendipity (WA) Pty Ltd, the international company behind APM which is Australia's largest provider of Disability Employment Services
- Providing annual income of $34,912** + GST + Outgoings
Leased on a new 3-year net lease with fixed 4% rental increases
- Comprising a versatile 190 sqm* building with rear access to free car parking
The Position:
- The convenient location is anchored by major supermarkets (Coles, Aldi & Woolworths), national retailers (McDonalds, Harvey Norman & Priceline) and the Warragul Train Station all within 350 m*
- Warragul is located in the south eastern growth corridor circa 100 km from the Melbourne CBD
- The growing suburb is forecast to see a substantial population increase of 66.7%^ by 2041
* Approximately
** Income as at 2nd December 2021
^ Source: ForecastID
Are you interested in similar properties throughout Victoria's southeast growth corridor? Click on the below link for a complete summary of the 12 properties within the Private Investor Portfolio:
https://stonebridge.com.au/privateinvestorportfolio/
Shops 1 & 2, 9 Napier Street, Warragul are for sale by Expressions of Interest closing Wednesday 20th October 2021 at 2pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and Quirk Real Estate:
Stonebridge Property Group:
Nic Hage
0448 782 594
Rorey James
0439 400 081
Sarah Xi
0468 320 297
Quirk Real Estate:
Kate Pitisano
0477 228 817
