10 Hope Street Drouin VIC 3818

Shop & Retail
2,106 m²
Sold

Successful Freestanding Coles Supermarket

Secure 20 + 10 + 10 Year Net Lease
Trading Well Above Turnover Threshold
Major Melbourne Growth Corridor

+ Coles Group: Blue-Chip $20 billion ASX-listed retailer
+ Net lease with Coles paying usual outgoings including Land Tax
+ Secure 20 year lease plus two x ten year options to 2043
+ Drouin: booming satellite suburb 33kms from metro Melbourne, forecast 90% population growth by 2041^
+ Commanding 4,874 sqm CBD corner site opposite McDonalds
+ Ample on-site parking plus integrated council parking
+ Significant taxation saving depreciation
+ Net Income: $642,106 pa (projected October MAT)

For Sale by Auction
11 am Wednesday 11 December 2019
River Room, Crown Casino, Melbourne

^forecast.id

AUCTION

Auction date and time	11/12/2019 11:00
Auction location	11AM, Crown Casino, Melbourne

Property Highlights

Date Sold	11 Dec 2019
Floor Area	2,106 m²
Land Area	4,874 m²
Parking	Ask Agent
Property ID	2015870450
Category	Shop & Retail Development / Land Other
Last updated	18 Dec 2019

Map for 10 Hope Street Drouin VIC 3818

Property Highlights

Date Sold	11 Dec 2019
Floor Area	2,106 m²
Land Area	4,874 m²
Parking	Ask Agent
Property ID	2015870450
Category	Shop & Retail Development / Land Other
Last updated	18 Dec 2019