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6371 Murray Valley Highway
Cohuna VIC 3568
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Sold on 10 Dec 2024

6371 Murray Valley Highway Cohuna VIC 3568

  • Showrooms / Bulky Goods
  • 1 m²
  • Sold

Affordable PETstock Investment | 15 year lease to 2037 on Enormous 10,593sqm Site

    Burgess Rawson is pleased to offer to the market PETstock located at 6371 Murray Valley Highway, Cohuna VIC for sale via our Investment Auction Portfolio 173.

    This opportunity has the following key investment highlights:

    + 15 year lease to 2037 with options to 2051
    + Solely leased to PETstock under a head lease covering the entire site
    + PETstock: majority owned by Woolworths Group, Australia's #1 retailer with sales of $67.9 billion in FY24^
    + Landlord friendly lease, tenant responsible for all usual outgoings including council rates, water rates and insurance
    + Fixed compounding 3% annual rental increases, ensuring income growth
    + Enormous 10,593sqm* landholding on major Murray Valley Highway
    + Potential 50% stamp duty savings
    + Murray Region: strong population plus 6.2m* visitors annually, injecting $2.4 billion into the local economy^^
    + Net Income: $85,170 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEDT Tuesday 10 December 2024
    Yallamundi Rooms, Sydney Opera House

    One of Five Petstock (Woolworths) leased freehold investments available as part of Burgess Rawson's December Portfolio Auction.

    Please contact the exclusively appointed sales team for more information

    *Approx
    ^woolworthsgroup.com.au
    ^^murrayregionaltourism.com.au

    AUCTION

    Auction date and time10/12/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold10 Dec 2024
    Floor Area1 m²
    Land Area1.06 ha
    ParkingAsk Agent
    Property ID2019636078
    Category
    Last updated  11 Dec 2024
    Map for 6371 Murray Valley Highway Cohuna VIC 3568
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold10 Dec 2024
    Floor Area1 m²
    Land Area1.06 ha
    ParkingAsk Agent
    Property ID2019636078
    Category
    Last updated  11 Dec 2024

    Co-Agents

    Darren Beehag
    Burgess Rawson Sydney
    Call
    0411 226 223
    Justin Kramersh
    Burgess Rawson VIC Pty Ltd
    Call
    0460 349 605
    Burgess Rawson VIC Pty Ltd
    Call
    0417 308 067

    More about 6371 Murray Valley Highway Cohuna VIC 3568

    6371 Murray Valley Highway Cohuna VIC 3568 is categorized as Showroom & Bulky Goods Property. It has a floor area of 1 m² and a land area of 1.06 ha. The listing ID for this property is 2019636078.

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