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61 High Street (Northern Highway)
Heathcote VIC 3523
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61 High Street (Northern Highway) Heathcote VIC 3523

  • Shop & Retail
  • 393 m²
  • For Sale, Price on Request

Freehold BWS Investment With Drive-Thru | 7 Year Lease to ASX Listed Endeavour Group

    Burgess Rawson is pleased to offer to market BWS at 61 High Street (Northern Highway), Heathcote VIC for Private Sale.
    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

    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

    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area393 m²
    Land Area1,014 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019625877
    Category
    Last updated  12 Dec 2024
    Map for 61 High Street (Northern Highway) Heathcote VIC 3523

    Nearest transport* to 61 High Street (Northern Highway) Heathcote VIC 3523

    Bus
    Train
    Tram
    Ferry
    Jennings St/Northern Hwy (Heathcote)25 m
    Jennings St/Northern Hwy (Heathcote)25 m
    Jennings St/Northern Hwy (Heathcote)65 m
    Jennings St/Northern Hwy (Heathcote)65 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area393 m²
    Land Area1,014 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019625877
    Category
    Last updated  12 Dec 2024

    Co-Agents

    Jamie Perlinger
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 315
    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Burgess Rawson VIC Pty Ltd
    Call
    0417 308 067

    More about 61 High Street (Northern Highway) Heathcote VIC 3523

    61 High Street (northern Highway) Heathcote VIC 3523 is categorized as Shop & Retail Property. It has a floor area of 393 m² and a land area of 1,014 m². The listing ID for this property is 2019625877.

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