CBRE Melbourne Metropolitan Sales is offering for sale a brand new Woolworths Metro Supermarket in Caulfield South, an affluent suburb located only 9km* from the Melbourne CBD.
Key investment details:
+ Woolworths Caulfield South is a brand new 3,110sqm* supermarket comprising a Woolworths Metro supermarket and BWS store under a single lease
+ Secured by a 15 year net lease + 30 years of options
+ Car parking for the exclusive use of Woolworths customers is provided via two levels of convenient basement car parking for 116 cars on-title, with ample additional public car parking nearby in the surrounding retail precinct
+ Highly exposed corner location with Woolworths occupying the entire ground floor, benefiting from ample triple street frontage in excess of 140m* on Hawthorn Road, Olive Street and Larch Street
+ 100% of income and GLA secured by ASX top 15 company - Woolworths Group Limited (ASX:WOW) Market Capitalisation of $44.94bn*
+ Located at the ground floor of a prestigious 7 level residential development featuring premium accommodation of 69 apartments
+ Extensive tax saving depreciation benefits given the brand new nature of the supermarket
+ Estimated base rent of $1,300,000* per annum
Please contact CBRE for more information to organise an inspection of the brand new supermarket.
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.
