JLL Retail Investments and Stonebridge Property Group are pleased to offer for sale Woolworths Ascot Vale. A brand new Woolworths supermarket, supported by 3 lifestyle tenants on the doorstep of the Melbourne CBD.
Woolworths Ascot Vale is a newly constructed Woolworths Metro Supermarket supported by three (3) specialty stores. The supermarket is located on the ground floor of PACE of Ascot Vale, a high-end mixed-use development including 75 apartment and 4 townhouses.
Situated on the prominent corner of Mt Alexander Road and North Street, Woolworths Ascot Vale is positioned less than 5km from the Melbourne CBD.
Woolworths Ascot Vale is for sale by Expressions of Interest closing 4.00pm (AEST) Thursday 10th June 2021
Investment Highlights
12-year lease to Woolworths Group Ltd commenced November 2020
Brand New 1,894sqm Woolworths Metro Supermarket
Supported by 3 lifestyle tenants
High profile corner location, with 88.20m frontage to Mt Alexander Road
Affluent inner-city location, less than 5km from Melbourne CBD
Convenient basement car parking for 76 cars (on title) with ample public car parking options in immediate vicinity
Newly constructed, providing significant depreciation benefits
Woolworths Ascot Vale is for sale by Expressions of Interest closing 4.00pm (AEST) Thursday 3rd June 2021