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Sold on 13 Apr 2021

107-121 Echuca Road Mooroopna VIC 3629

  • Shop & Retail
  • 2,860 m²
  • Sold

FREESTANDING COLES, LIQUORLAND, AND SHELL COLES EXPRESS RETAIL INVESTMENT

    Expressions of Interest
    Closing Tue 30 March 2021 3pm (AEDT)

    • Strategically located in the largest city in northern Victoria within the Goulburn region, known as the 'The Fruit Bowl of Australia'
    • Located on the major urban growth corridor of Greater Shepparton which is one of Victoria's strongest regional cities, 180 kilometers* north of the Melbourne CBD
    • Large and highly exposed 1.339* hectare land holding with excellent vehicular access (133 metres* of street frontage)
    • Commercial 1 (C1Z) Zoning and potential further development with excess land, not currently sealed for car parking, which can facilitate a supermarket extension in the future STCA^
    • Freestanding Coles Supermarket and Liquorland of (2,860m²* GFA) plus a separate freestanding canopy and fuel pumps for the Shell Coles Express (Viva Energy) Petrol Station
    • Convenient at-grade car park for 141 vehicles* (4.9 cars / 100m²*)
    • Secure 20 year NET lease to Coles Group Limited expiring 07 November 2022 with 2 further 10 year options to 2042
    • Estimated Net Income of $562,669* per annum
    • Opportunity to capitalise on the Shepparton and Mooroopna 2050: Regional City Growth Plan**
    • Set to benefit from significant government investment ($800 million* of committed funding) towards rail and road projects and community infrastructure in Shepparton and Mooroopna

    *Approximately
    ^Subject To Council Approval
    **Draft not yet adopted

    Property Highlights

    Property ID2016819852
    Date Sold13 Apr 2021
    Floor Area2,860 m²
    Land Area1.33 ha
    ParkingAsk Agent
    Category
    Last updated  13 Apr 2021
    Map for 107-121 Echuca Road Mooroopna VIC 3629
    Map for 107-121 Echuca Road Mooroopna VIC 3629107-121 Echuca Road Mooroopna VIC 3629

    Property Highlights

    Property ID2016819852
    Date Sold13 Apr 2021
    Floor Area2,860 m²
    Land Area1.33 ha
    ParkingAsk Agent
    Category
    Last updated  13 Apr 2021
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