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Sold on 16 Jan 2019

463-475 Albany Highway Orana WA 6330

  • Shop & Retail
  • 4,051 m²
  • Sold

COLES ORANA

  • 2.91Ha* site with 107m frontage
  • Freestanding modern supermarket
  • Secure income stream with Coles tenant

CBRE Western Australian Retail Investments, as exclusive selling agents, are pleased to offer Coles Orana, a superb freestanding supermarket in Albany, the agricultural and historical hub of Western Australia.

Located just 4.5km* from Albany Town Centre, the supermarket is strategically located on Albany Highway, the major freight route between Perth and Albany, and benefits from exposure to over
21,000* vehicles per day. The centre provides the most convenient supermarket in the regional town of Albany and caters to the high volumes of passing traffic, tourist population and to the
residential growth expected in the region.

The newly built Coles supermarket and Liquorland is a modern, purpose-built supermarket and liquor store situated on a large 2.91Ha* site with 254 car bays and an approved DA to allow for 658sqm* of additional specialty retail.

Strong income security backed by a 15 year net lease to Coles plus 4 x 10 year options and expected income growth from the turnover rent makes this investment a once in a generation opportunity.

*approx

Richard Cash
CBRE Perth
Richard Cash
CBRE Perth
Anthony Del Borrello
CBRE Perth
Anthony Del Borrello
CBRE Perth

Property Highlights

Property ID2014670569
Date Sold16 Jan 2019
Floor Area4,051 m²
Land Area2.91 ha
ParkingAsk Agent
Category
Last updated  9 Feb 2019
Map for 463-475 Albany Highway Orana WA 6330
Map for 463-475 Albany Highway Orana WA 6330463-475 Albany Highway Orana WA 6330
Richard Cash
CBRE Perth
Richard Cash
CBRE Perth
Anthony Del Borrello
CBRE Perth
Anthony Del Borrello
CBRE Perth

Property Highlights

Property ID2014670569
Date Sold16 Jan 2019
Floor Area4,051 m²
Land Area2.91 ha
ParkingAsk Agent
Category
Last updated  9 Feb 2019
CBRE Perth
Level 25, Qv1, 250 St Georges Terrace Perth WA 6000
Richard Cash
CBRE Perth
Richard Cash
CBRE Perth
Anthony Del Borrello
CBRE Perth
Anthony Del Borrello
CBRE Perth
Richard Cash

Richard Cash

CBRE Perth

Anthony Del Borrello

Anthony Del Borrello

CBRE Perth

0412 *** ***
0412 006 949

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