BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Benalla Mitre 10 ASX Listed Metcash Guarantee | Dominant 9\,0 00sqm Freehold Site\nCBRE\, in conjunction with GormanKelly\, are pleased to offer to market Benalla 'Mitre 10' located at 45 Sydney Road\, Benall a VIC for sale via National Investment Portfolio Auction 184.\n\nThe prop erty has the following key investment highlights:\n\n+ As new Eight (8) Y ear lease to January 2032 plus Eight (8) further Five (5) Year options to January 2072.\n+ 100% leased to Mitre 10\, a subsidiary of ASX listed 'M etcash Limited' including a corporate guarantee.\n+ Metcash Limited: Majo r ASX listed wholesale distribution group supporting Australia's leading brands including IGA Supermarkets\, Mitre 10\, Total Tools and Cellarbrat ions. (2)\n+ Landlord-favourable\, set-and-forget net lease structure wit h tenant responsible for all usual outgoings\, including single holding l and tax\, as per the lease.\n+ Fixed\, compounding 2.5% annual rent incre ases ensuring continued income growth.\n+ Dominant 9\,000 sqm* freehold s ite with 60m* frontage and exposure to Sydney Road\, Benalla's main thoro ughfare\, servicing 69\,300* vehicles passing weekly.(3)\n+ Modern 4\,023 sqm* building incorporating retail showroom\, drive-thru trade warehouse \, garden centre plus a dedicated Bi-Rite Electrical department\, all in line with the Mitre 10 corporate fit-out and design.\n+ Low 44% site cove rage\, underpinning long term flexibility and future expansion or value a dd potential (STCA).\n+ 52 sealed on-site car spaces (with additional 122 car parks from adjoining Benalla Homemaker Centre).\n+ Located within Be nalla's pre-eminent retail and large format precinct\, adjoining the Bena lla Homemaker Centre and amongst national brands Petstock\, Pets Domain\, Supercheap Auto\, Reece\, Bridgestone\, Schnieder Electric\, Goodyear an d Toyota\, all within 300m*.\n+ Benalla: important suburb located in the Hume Region of Victoria\, with population forecast to boom 40% over the n ext 20 years.\n+ Potential 50% stamp duty savings.\n+ Net Income: $525\,3 13 pa* + GST\n\nFor Sale by Investment Portfolio Auction 184\n10:30am AES T Wednesday 13 May 2025\nGarden Room\, Crown Casino\, Melbourne\n\nPlease contact the exclusively appointed sales team for more information.\n\n*A pprox\n1. Market Capitalisation May 2025\n2. Metcash\n3. Gapmaps DTEND:20260513T113000 DTSTAMP:20260413T062859Z DTSTART:20260513T103000 LOCATION:Crown Casino - Garden Room - Melbourne SEQUENCE:0 SUMMARY:Auction: 45 Sydney Road\, Benalla VIC UID:CRE-2020755115-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Benalla Mitre 10 ASX Listed Metcas h Guarantee | Dominant 9\,000sqm Freehold Site
CBRE\, in conjunctio n with GormanKelly\, are pleased to offer to market Benalla 'Mitre 10' lo cated at 45 Sydney Road\, Benalla VIC for sale via National Investment Po rtfolio Auction 184.

The property has the following key inve stment highlights:

+ As new Eight (8) Year lease to January 2032 plus Eight (8) further Five (5) Year options to January 2072.
+ 100% leased to Mitre 10\, a subsidiary of ASX listed 'Metcash Limited' including a corporate guarantee.
+ Metcash Limited: Major ASX liste d wholesale distribution group supporting Australia's leading brands incl uding IGA Supermarkets\, Mitre 10\, Total Tools and Cellarbrations. (2) < br/> + Landlord-favourable\, set-and-forget net lease structure with tena nt responsible for all usual outgoings\, including single holding land ta x\, as per the lease.
+ Fixed\, compounding 2.5% annual rent increa ses ensuring continued income growth.
+ Dominant 9\,000 sqm* freeho ld site with 60m* frontage and exposure to Sydney Road\, Benalla's main t horoughfare\, servicing 69\,300* vehicles passing weekly.(3)
+ Mode rn 4\,023 sqm* building incorporating retail showroom\, drive-thru trade warehouse\, garden centre plus a dedicated Bi-Rite Electrical department\ , all in line with the Mitre 10 corporate fit-out and design.
+ Low 44% site coverage\, underpinning long term flexibility and future expans ion or value add potential (STCA).
+ 52 sealed on-site car spaces ( with additional 122 car parks from adjoining Benalla Homemaker Centre). < br/> + Located within Benalla's pre-eminent retail and large format preci nct\, adjoining the Benalla Homemaker Centre and amongst national brands Petstock\, Pets Domain\, Supercheap Auto\, Reece\, Bridgestone\, Schniede r Electric\, Goodyear and Toyota\, all within 300m*.
+ Benalla: imp ortant suburb located in the Hume Region of Victoria\, with population fo recast to boom 40% over the next 20 years.
+ Potential 50% stamp du ty savings.
+ Net Income: $525\,313 pa* + GST

For Sale by Investment Portfolio Auction 184
10:30am AEST Wednesday 13 May 2025
Garden Room\, Crown Casino\, Melbourne

Please con tact the exclusively appointed sales team for more information.
*Approx
1. Market Capitalisation May 2025
2. Metcash
3. Gapmaps

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