Renewed 5 year lease to Westpac Westpac: 5 year lease to 2020 plus options to 2025. OfficeSmart: 4 year lease to 2019 plus options to 2025. Annual 3% increases / Lessees pay usual outgoings. Modern buildings totaling 451 sqm â?? recent Westpac upgrade. Central 460 sqm site with dual retail frontage of 18+ metres, amongst ANZ, Terry White, Landmark, Supa IGA, Aldi (opened 2014) and opposite large council car park â?? 125+ spaces. Two shops on 1 title â?? allowing future subdivision (STCA). Leongatha: Capital of South Gippsland, rich dairy region, $65 million+ recent commercial developments, trade catchment circa 15,000, 75km...
New Lease to Metcash subsidiary: Established Mitre 10 Investment New minimum 12 year lease from May 2013 (plus options) to thriving chain Capeview Mitre 10, majority-owned by Metcash Limited subsidiary.
Metcash: $2.845 billion* ASX top 100 company (as at 28 September 2013), recorded 128% increase in net profit after tax in the 12 months to April 2013.
Mitre 10: Growing network of over 450 stores.
28,020m2*gateway corner title with low 13%* site coverage and potential for further expansion or land subdivision and on-sale STCA.
Thriving store upgraded and extended twice to cope with increased demand since opening in 1997, most recently in 2008.
Immaculate Versatile Office Building Renewed lease plus options through to 2021. Fixed annual increases plus market reviews All usual outgoings paid by Lessee including Land Tax. Modern purpose built 500 sqm office facility recently upgraded, with capital intensive fit-out. Prime 1,197 sqm Commercial 1 corner site opposite Woolworths. Triple street frontage of 103 metres, with 19 on-site car spaces. Leongatha: Capital of South Gippsland, rich dairy region, $65 million+ recent commercial developments, trade catchment circa 15,000. Rent: $100,000 pa.
Landmark Hotel Investment Brand new 10 year lease plus options through to 2044. Fixed 3% increases, lessee pays usual outgoings. Established hotelier group with good strong business. Commanding 1,370 sqm Commercial 1 corner site, with triple frontage and exposure totalling 100+ metres. Recently refurbished and well-maintained two level period building, comprising public bar, Gaming room, lounge bistro, commercial kitchen, drive-thru bottle shop plus first floor accommodation and residence. Absolute prime position in retail heart, opposite Post Office and central to all banks, chemists, supermarkets etc. Leongatha: Cap...
IGA Liquor Investment Opposite McDonald's Secure 5 + 5 + 5 + 5 year Lease Guaranteed by one of Australia's most decorated supermarket operators, IGA's 2011 National Retailer of the Year. Established liquor store on 1,167m2* Business/Commercial 1 zoned site. Significant 49 metre* frontage to South Gippsland Highway and 13 car spaces on title. Strategic location opposite McDonald's, also near Subway, KFC, Woolworths Petrol, BP and Beaurepairs. Leongatha: Commercial and Business Hub of South Gippsland, rich dairy region, 130km* from Melbourne with trade catchment circa 15,000. Projected Rent: $70,545 pa* (as at settlement).
Entry Level Subway Investment 5 + 5 + 5 year Lease to Subway, the worlds largest restaurant chain with over 33,500 stores.
Committed franchisee with 22 Subway stores, about to spend circa $100,000 on fit out upgrade.
Strategic fast food location opposite McDonald's and KFC, also near IGA Liquor, Woolworths Petrol, BP and Beaurepairs.
Large 606m2* Business/Commercial 1 zoned corner site including 10 car spaces.
Annual fixed 3% rent increases.
Leongatha: Commercial and Business Hub of South Gippsland, rich dairy region 130km* from Melbourne with trade catchment circa 15,000.
Rent: $31,346 pa*.
Government Office Investment, Highway Location next to KFC Secure 5 year lease plus option through to 2022. Major regional office established circa 1990 servicing greater South Gippsland. Significant 1,676m2* Commercial/Business 1 site on 2 titles. 82 metres* South Gippsland Highway frontage. Located next to KFC and near Subway, McDonald's, IGA Liquor, Woolworths Petrol, BP and Beaurepairs. Site coverage of just 16.3% offering long term future upside. Leongatha: Commercial and Business Hub of South Gippsland, rich dairy region, 130km* from Melbourne with trade catchment circa 15,000. Rent: $50,965 pa*.