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Woolworths Monbulk, Main Road
Monbulk VIC 3793
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Sold on 13 Sep 2023

Woolworths Monbulk, Main Road Monbulk VIC 3793

  • Shop & Retail
  • 2,530 m²
  • Sold

FREESTANDING PREMIUM WOOLWORTHS SUPERMARKET ON A RARE TRIPLE NET LEASE THAT TICKS ALL THE BOXES

  • Rarely offered freestanding Woolworths
  • 20 year term + options to 2064
  • Triple Net Lease, all outgoings paid for

Key investment details:

+ Woolworths Supermarket + BWS with rare 20 year triple net lease expiring 2034, plus 3 X 10 year options to 2064
+ 100% leased blue chip ASX covenant Woolworths Group Limited (ASX:WOW) Market Capitalisation of $48.42bn*
+ Woolworths pay all outgoings including Land Tax
+ Irreplaceable and highly exposed corner landholding of 6,900sqm* with 185m* of dual street frontage and multiple points of ingress and egress
+ Convenient at grade car parking for 118* vehicles on title, plus an abundance of free council parking nearby
+ Major refurbishment undertaken in 2016
+ Located 40km* from the Melbourne CBD in a gateway to the Yarra Ranges, positioned amongst major retailers in the area's main retail hub including ALDI, NAB, Commonwealth Bank, Bendigo Bank, Australia Post, Caltex and Mitre 10
+ Net income of $646,975* per annum, plus genuine future rental growth with Woolworths in excess of percentage rent threshold

Please contact the exclusive sale & marketing agents at CBRE for more information.

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

Jaycen Willox
+61 418 378 007
Jaycen.Willox@cbre.com.au

*Denotes approx.

Property Highlights

Date Sold13 Sep 2023
Floor Area2,530 m²
Land Area6,910 m²
Parking118 x Onsite parkings
Building TypeWhole building
Property ID2018660191
Category
Last updated  13 Oct 2023
Map for Woolworths Monbulk, Main Road Monbulk VIC 3793

Property Highlights

Date Sold13 Sep 2023
Floor Area2,530 m²
Land Area6,910 m²
Parking118 x Onsite parkings
Building TypeWhole building
Property ID2018660191
Category
Last updated  13 Oct 2023

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