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Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street
Swan Hill VIC 3585
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Sold on 16 Jul 2021

Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street Swan Hill VIC 3585

  • Shop & Retail
  • 3,452 m²
  • Sold

Dominant Coles Supermarket & Liquorland + 4 shops

  • Coles, Liquorland + 4 Shops
  • Coles + Liquorland (85*% of Gross Rent)
  • 8,203 sqm* Commercial 1 Zoned Site

Stonebridge Property Group are pleased to advise the property is now Under Contract.

Coles Swan Hill Shopping Centre is an outstanding investment opportunity anchored by a dominant Coles Supermarket, Liquorland + 4 shops.

Key investment highlights include:

+ Coles, Liquorland + 4 shops over a total lettable area of 3,452 sqm*
+ 85%* of gross rent is secured to Coles and Liquorland on net leases
+ Dominant Coles supermarket: trading 40% in excess of benchmarks [1]
+ Outstanding income growth potential, with a Coles rent review due in Aug-21
+ Low average gross specialty rentals of $565 per sqm* with annual rental reviews
+ 8,203 sqm* Commercial 1 Zoned site
+ Estimated net income of $1.1 million p.a*

[1] Jan-21 MAT (excl. GST) on $/sqm basis compared to Macroplan benchmark
*approximate

To obtain further information, please contact the exclusive selling agents Stonebridge Property Group.

Justin Dowers
0438 098 805

Kevin Tong
0422 848 818

Philip Gartland
0403 582 324

Property Highlights

Date Sold16 Jul 2021
Floor Area3,452 m²
Land Area8,203 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2016834457
Category
Last updated  16 Jul 2021
Map for Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street Swan Hill VIC 3585

Property Highlights

Date Sold16 Jul 2021
Floor Area3,452 m²
Land Area8,203 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2016834457
Category
Last updated  16 Jul 2021

Co-Agents

Justin Dowers
Stonebridge Property Group VIC
Call
+61 438 098 805
Kevin Tong 汤聪瑜
Stonebridge Property Group VIC
Call
+61 422 848 818
Philip Gartland
Philip Gartland
Stonebridge Property Group VIC
Call
+61 403 582 324

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