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Sold on 24 Feb 2022

134-136 Deakin Avenue (Sturt Hwy) Mildura VIC 3500

  • Shop & Retail
  • 999 m²
  • Sold

Trophy CBD Officeworks Investment- Brand New Lease

    + Brand new lease to Officeworks until 2027 plus options through to 2042.
    + Blue-chip tenant, leading essential service retailer, wholly owned subsidiary of $64 billion Wesfarmers Ltd (WES: ASX).
    + Officeworks is a market leading essential service retailer and major beneficiary from the work-from-home shift, recently reporting a 23.6% increase in half year sales revenue*.
    + Annual rent reviews
    + Constructed 2012, offering significant income tax depreciation benefits.
    + High profile 1,389 sqm main road site with 25 metres of exposure to 15,453 vehicles per day.
    + Immaculately presented 999sqm* standalone building
    + Commanding entry position and exclusive car park access within a new large format retail complex, including Hog's Breath Café.
    + Located within 400m of Woolworths, Ritchies IGA, Centrelink, Quest, major banks, and other national retailers.
    + Mildura: Bustling commercial centre of the Sunraysia and Murray River region, trade catchment circa 60,000 and growing.
    + Potential 50% Stamp duty savings.
    + Rent: $136,539 pa + GST

    *Wesfarmers

    For Sale by Investment Portfolio Auction
    10:30am (AEDT) Wednesday 23 February 2022
    Crown Casino, Melbourne.

    AUCTION

    Auction date and time23/02/2022 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold24 Feb 2022
    Floor Area999 m²
    Land Area1,389 m²
    ParkingAsk Agent
    Property ID2017551946
    Category
    Last updated  25 Feb 2022
    Map for 134-136 Deakin Avenue (Sturt Hwy) Mildura VIC 3500

    Property Highlights

    Date Sold24 Feb 2022
    Floor Area999 m²
    Land Area1,389 m²
    ParkingAsk Agent
    Property ID2017551946
    Category
    Last updated  25 Feb 2022
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Justin Kramersh
    Justin Kramersh
    Burgess Rawson & Associates
    Matthew Wright
    Matthew Wright
    Burgess Rawson & Associates
    Shaun Venables
    Shaun Venables
    Burgess Rawson & Associates

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