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ALDI 634-638 Warburton Hwy Seville VIC 3139

  • Retail
  • 1,908 m²
  • Commercial Auction

FREESTANDING ALDI SUPERMARKET WITH 10 YEAR NET LEASE AND FIXED 3% ANNUAL RENT INCREASES

  • Dominant ALDI Supermarket + Two Shops
  • 10 Year Net Lease to ALDI Supermarkets
  • Net Income of $485,000 pa*

- Dominant ALDI supermarket plus two (2) complementary specialty retailers (1,908sqm* GLA), located in Melbourne's booming east

- Highly exposed 4,046sqm* corner land holding with prominent frontage to Warburton Highway, passed by 16,000* vehicles per day, providing a gateway to Warburton and Yarra Junction

- Secure 10 year Net Lease to ALDI Supermarket expiring 2026, plus annual increases of 3.0% plus two shops

- Convenient at grade car parking on title for over 60 vehicles plus ample surrounding at grade council car parks

- Located in the heart of the Yarra Valley region being the core retail precinct of Seville, offering exceptional convenience

- Net income of $485,000 per annum* with 90% secured by ALDI Supermarkets

FOR SALE VIA PUBLIC AUCTION AS PART OF THE CBRE PREMIUM PROPERTY PORTFOLIO AUCTION TO BE HELD ON 10TH OCTOBER 2019 FROM 6.00PM (AEDT) AT ZAGAME FERRARI, LEVEL 1, 430 SWAN STREET, RICHMOND, VIC

For further information please contact the exclusive sales and marketing agents:

Justin Dowers
+61 438 098 805

Joseph Du Rieu
+61 408 892 976

Kevin Tong
+61 422 848 818

Mark Wizel
+61 411 694 756

*approx

Auction date and time10/10/2019 18:00
Auction locationLevel 1, 420 Swan Street, Richmond

Property Highlights

Property ID2015622709
Floor Area1,908 m²
Land Area4,046 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  17 Sep 2019
Map for ALDI 634-638 Warburton Hwy Seville VIC 3139
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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