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70-82 Hopkins Highway
Warrnambool VIC 3280
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Sold on 6 Jan 2015

70-82 Hopkins Highway Warrnambool VIC 3280

  • Shop & Retail
  • 4,491 m²
  • Sold

Secure & Modern Victorian Neighbourhood Shopping Centre With Strong Growth Potential

    - Modern neighbourhood shopping centre of 4,491 sqm* GLA, anchored by a strong trading Coles Supermarket (2,627sqm*), Direct Chemist Outlet (464sqm*) and 12 specialty shops including Brumby's Bakery and Domino's Pizza

    - Outstanding security with a 8.5* year weighted average lease expiry (WALE) and 58% of total floor space leased to Coles Supermarket (2027 expiry)

    - Highly convenient at grade car park for 214 vehicles (4.76cars/100sqm*)

    - Dominant centre in the northern Warrnambool region and positioned to benefit from strong future population growth

    - Strong depreciation tax benefits given the centre's high quality construction and 2007 build date

    - Additional land included providing for store expansion potential

    - Servicing a vast catchment area of 12,400 people, expected to grow to 15,880 by 2026

    - Fully leased Net Income of $1,060,000 pa* with strong growth potential

    FOR SALE BY PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 30TH OCTOBER 2014 AT 5:00PM

    Property Highlights

    Date Sold6 Jan 2015
    Floor Area4,491 m²
    Land Area1.8 ha
    Parking214 x Onsite parkings
    Building TypePartial building
    Property ID2016610839
    Category
    Last updated  3 Oct 2023
    Map for 70-82 Hopkins Highway Warrnambool VIC 3280

    Property Highlights

    Date Sold6 Jan 2015
    Floor Area4,491 m²
    Land Area1.8 ha
    Parking214 x Onsite parkings
    Building TypePartial building
    Property ID2016610839
    Category
    Last updated  3 Oct 2023
    Level 34, 8 Exhibition Street Melbourne VIC 3000

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