CBRE Victorian Retail Investments, in conjunction with Stonebridge Property Group, are delighted to present for your consideration an exceptional freestanding, single tenanted, Victorian retail investment property located in metropolitan Melbourne.
Bunnings Hoppers Crossing offers the following key attributes:
* Long term lease to Wesfarmers Limited subsidiary, Bunnings Group Limited
* Strong trading store with unrivalled position in the heart of Victoria's largest bulky goods precinct (Source: Deep End Services)
* Situated in a major population growth area of Melbourne (25km* from Melbourne CBD)
* Favourable net lease structure with annual CPI increases
* Substantial site of 26,880sqm*, with extensive exposure to Old Geelong Road (167* metre frontage)
* Net income of $1,230,000pa* (from 22 March 2012)
FOR SALE BY PUBLIC EXPRESSIONS OF INTEREST CLOSING:
4:00pm Thursday 15 March 2012
Should you wish to discuss this opportunity in further detail, please contact the following exclusive sales and marketing agents:
CBRE
Mark Wizel
0411 694 756
mark.wizel@cbre.com.au
Justin Dowers
0438 098 805
justin.dowers@cbre.com.au
STONEBRIDGE PROPERTY GROUP
Philip Gartland
0403 582 324
philip.gartland@stonebridgeproperty.com.au
Carl Molony
0439 032 028
carl.molony@stonebridgeproperty.com.au
* approx