38-40 Bell Street Yarra Glen VIC 3775

For Sale by Expressions of Interest closing 1 September at 2pm

20 Year lease to Ritchies Supa IGA

- Modern neighbourhood shopping centre comprising full line supermarket and 11 specialty stores
- 20 Year lease to Ritchies Supa IGA (commenced Dec 2008)
- Anchor tenant fully guaranteed by Metcash Trading Limited
- Complimentary retail mix including supermarket, butcher, bakery, cafe, etc.
- Total lettable area: 3,747sqm*
- Total site area of 9.287 hectares*
- Excellent on site car parking for 194 cars
- 70%* of asset leased to Ritchies Supa IGA
- Subdivision potential (STCA)
- Newly built centre - significant depreciation benefits
- Fully let net income of $1,020,000 per annum*