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Drouin Central 72-100 Young Street
Drouin VIC 3818
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JLL - Melbourne

Drouin Central 72-100 Young Street Drouin VIC 3818

  • Shop & Retail
  • 3,779 m²
  • For Sale, Contact Agent

High Performing Woolworths + 4 Shops

  • Woolworths Paying Percentage Rent
  • Defensive Income Stream
  • High Growth Location

JLL Retail Investments has the exclusive privilege of offering for sale Woolworths Drouin Central, a strong performing neighbourhood shopping centre designed for convenience.

Woolworths Drouin Central is anchored by a strong performing Woolworths Supermarket, which accounts for 80% of the assets income, and is currently paying percentage rent, positioning the asset for superior growth.

The centre is situated on a prominent landholding in the centre of Drouin, and is the only full-line supermarket within the Main Trade Area.
Drouin is located 87* kilometres south-east of the Melbourne CBD, just outside of Metropolitan Melbourne, less than 30 minutes from the suburb of Pakenham.

Key details of the opportunity include:
+ Strong Performing Woolworths - Full-line supermarket paying percentage rent
+ High Growth Location Booming population growth (2.1% Y.o.Y till 2041^) nearly double the Australian average
+   Dominant Offering - Located at the centre of a rapidly expanding catchment, and the only full-line supermarket in the Main Trade Area
+   Defensive Income Profile Providing a net income of $1.2 million* of which 77%* is underpinned by Woolworths
+ Metro Melbourne Fringe Location Potentially eligible for Victoria's recent 50% stamp duty concession for commercial property

*Approx.
^LocationIQ Report October 2023

'Woolworths Drouin Central' is For Sale by Expressions of Interest closing Thursday 23 November 2023 at 3pm (AEDT)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, JLL:

Stuart Taylor |  0428 000 000
Tom Noonan |  0402 319 698
MingXuan Li |  0498 688 998

Woolworths Paying Percentage Rent
Defensive Income Stream
High Growth Location

Property Highlights

Floor Area3,779 m²
Land Area4,332 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018863524
Category
Last updated  27 Nov 2023
Map for Drouin Central 72-100 Young Street Drouin VIC 3818

Property Highlights

Floor Area3,779 m²
Land Area4,332 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018863524
Category
Last updated  27 Nov 2023
Level 40 101 Collins Street Melbourne VIC 3000
Stuart Taylor
Stuart Taylor
JLL - Melbourne
Tom Noonan
Tom Noonan
JLL - Melbourne
MingXuan Li
MingXuan Li
JLL - Melbourne

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