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  • 6-10 Queen Street, Warragul Convenience Centre, Warragul VIC 3820
Sold on 27 Jul 2018

6-10 Queen Street, Warragul Convenience Centre Warragul VIC 3820

  • Retail
  • 1,058 m²
  • Sold

BRAND NEW CONVENIENCE CENTRE WITH 90% INCOME DERIVED FROM NATIONAL TENANTS

  • Strategic 2,944sqm* land holding
  • 90% of income held by national tenants
  • Net income of $488,500 pa*

Brand new convenience centre located in the heart of Warragul with exposure to 20,000 passing cars daily*

Strategic land holding of 2,944sqm* with over 78m* of main road frontage

90% of income secured by national retailers, Shell Coles Express, KFC and Domino's Pizza

Significant tax saving depreciation benefits on offer through brand new improvments

Positioned to benefit from the massive growth in Warragul and the south eastern growth corridor of Melbourne - over 1,250 new housing lots* under way in Warragul

Highly attractive fixed annual rental increases of 3% pa* and CPI

Net annual income of $488,500*

Property Highlights

Property ID2014474867
Date Sold27 Jul 2018
Floor Area1,058 m²
Land Area2,944 m²
ParkingAsk Agent
Category
Last updated  27 Jul 2018
Map for 6-10 Queen Street, Warragul Convenience Centre Warragul VIC 3820
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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