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

  • Shop & Retail
  • 3,452 m²
  • Expressions of Interest

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 present for sale Coles Swan Hill Shopping Centre.

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

Coles Swan Hill Shopping Centre is for sale by Public Expressions of Interest (EOI) closing 5pm AEDT on Thursday 1st April, 2021. To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.

Justin Dowers
0438 098 805

Kevin Tong
0422 848 818

Philip Gartland
0403 582 324

EXPRESSION OF INTEREST

Closing date and time01/04/2021 17:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Property ID2016834457
Floor Area3,452 m²
Land Area8,203 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  2 Mar 2021
Map for Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street Swan Hill VIC 3585
Map for Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street Swan Hill VIC 3585Coles Swan Hill Shopping Centre, Cnr Beveridge St & McCrae Street Swan Hill VIC 3585

Property Highlights

Property ID2016834457
Floor Area3,452 m²
Land Area8,203 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  2 Mar 2021
Stonebridge Property Group VIC
Level 3, 111 Coventry Street Southbank VIC 3006

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