Renewed 5 year lease to 2021 with additional 5 year option to 2026
Fixed 4% rent reviews/Tenant pays all outgoings
Established and successful store in prime retail location amongst
Woolworths, Coles, McDonald’s, KFC & major banks
Large 298 sqm site with 12m of retail frontage
Single tenant minimum management investment
Ozmosis: one of Australia's largest retailers of surf, skate and street fashion and owned by the Rip Curl Group
Rip Curl Group: global surf apparel giant with 332 stores worldwide and an annual revenue of $480 million in 2016
Warragul/Drouin: an outer satellite suburb only 33km from metro Melbourne, experiencing a major housing and population boom with forecast growth to 43,000 by 2026
Rent: $93,600 pa + GST (September 2017)
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne
