Jones Real Estate is privileged to offer to market, Cash Converters Craigieburn, 38 Craigieburn Road, Craigieburn For Sale via Private Negotiation.
This exceptionally rare ASX listed investment opportunity is strategically positioned within the renowned 'Craigieburn Plaza' retail precinct, offering eye catching frontage and complemented by a curated mix of esteemed tenants including Woolworths, Priceline Pharmacy, Shell Coles Express, Subway and Direct Chemist Outlet.
Key highlights of this opportunity include:
- A securely leased freehold investment, tenanted by ASX Listed 'Cash Converters Pty Ltd', with a market cap of $128.64 million^^ and over 600 stores worldwide.
- Providing a net annual income of $134,929* per annum with favourable 3.50% annual increases, future proofing the asset for years to come.
- Leased on an initial three (3) year term commencing 1st November 2022 with a further three (3) year option to 2028.
- Strategic Commercial 1 Zoning (C1Z), offering 255sqm* of internal building area and an expansive 10m* of direct retail frontage.
- 'Cash Converters Pty Ltd' have over 150 stores Australia wide and 600 stores globally, underpinning this exceptional investment opportunity & its strength of covenant.
- Equipped with prominent frontage, the property is further enhanced by multiple roller door access points and allocated loading bays, reinforcing the highly desirable retail characteristics this asset possesses.
- Ideally located along the thriving retail precinct of Craigieburn Plaza, underpinned by major national tenants including Woolworths, Shell Coles Express, Priceline Pharmacy and Subway, drawing high foot traffic volumes.
- Extremely well serviced by major northern arterial roads including Hume Highway, Hume Freeway, Craigieburn Road, Sydney Road and Epping Road. Craigieburn Road, Hume Highway & the Hume Freeway
*Approx.
**Profile.id.com.au
^^Cash Converters Investor Centre, Oct 23
For further information, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
