61 High Street (Northern Highway) Heathcote VIC 3523

Burgess Rawson is pleased to offer to market BWS at 61 High Street (Northern Highway), Heathcote VIC for sale via National Investment Portfolio Auction 173.

The property has the following key investment highlights:

+ Brand new 7 year lease to BWS to 2031 plus 40 years of options to 2071.
+ Strong and certain income growth with annual, fixed compounding 3% increases.
+ BWS: leading liquor brand of ASX Listed Endeavour Group Limited (ASX:EDV) boasting 1,400+ outlets nationally** and market cap of $8.5B*.
+ Newly upgraded building providing BWS's latest corporate fit-out and design, dual drive-thru and 8 on-site parking spaces.
+ As new 393 sqm* retail asset offering significant depreciation benefits.
+ High profile 1,014sqm* triple frontage corner site offering extensive signage, exposure and gateway location to Heathcote's retail strip.
+ Valuable 'Commercial 1 Zoning' providing significant future upside STCA.
+ Northern Highway: A major arterial highway connecting Melbourne through to Echuca, servicing 42,000* vehicles weekly.***
+ Heathcote: Renowned central Victorian town established in the 1850s and 90* minute drive from Melbourne.
+ Heathcote: Quickly becoming one of Australia's most loved wine regions, known for the 'Shiraz' grapes and has become a major tourist destination attracting over 300,000 visitors annually.
+ Potential 50% stamp duty savings.
+ Estimated Income: $126,740 pa* + GST

To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 11 December 2024
River Room, Crown Casino, Melbourne

Please contact the exclusively appointed Burges Rawson team for more information

Jamie Perlinger | 0413 860 315
Beau Coulter | 0413 839 898
David Napoleone | 0417 308 067

*Approx
**bws.com.au
***Gapmaps