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70-82 Hopkins Highway
Warrnambool VIC 3280
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Sold on 6 Jan 2015

70-82 Hopkins Highway Warrnambool VIC 3280

  • Shop & Retail
  • 4,491 m²
  • Sold

Secure & Modern Victorian Neighbourhood Shopping Centre With Strong Growth Potential

    - Modern neighbourhood shopping centre of 4,491 sqm* GLA, anchored by a strong trading Coles Supermarket (2,627sqm*), Direct Chemist Outlet (464sqm*) and 12 specialty shops including Brumby's Bakery and Domino's Pizza

    - Outstanding security with a 8.5* year weighted average lease expiry (WALE) and 58% of total floor space leased to Coles Supermarket (2027 expiry)

    - Highly convenient at grade car park for 214 vehicles (4.76cars/100sqm*)

    - Dominant centre in the northern Warrnambool region and positioned to benefit from strong future population growth

    - Strong depreciation tax benefits given the centre's high quality construction and 2007 build date

    - Additional land included providing for store expansion potential

    - Servicing a vast catchment area of 12,400 people, expected to grow to 15,880 by 2026

    - Fully leased Net Income of $1,060,000 pa* with strong growth potential

    FOR SALE BY PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 30TH OCTOBER 2014 AT 5:00PM

    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold6 Jan 2015
    Floor Area4,491 m²
    Land Area1.8 ha
    Parking214 x Onsite parkings
    Building TypePartial building
    Property ID2016610839
    Category
    Last updated  3 Oct 2023
    Map for 70-82 Hopkins Highway Warrnambool VIC 3280

    Nearest transport* to 70-82 Hopkins Highway Warrnambool VIC 3280

    Bus
    Train
    Tram
    Ferry
    Centro/Mortlake Rd (Warrnambool)131 m
    Centro/Hopkins Hwy (Warrnambool)150 m
    Bridgeview Ct/Hopkins Hwy (Warrnambool)340 m
    Sundale Rd/Mortlake Rd (Warrnambool)513 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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    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    CBRE
    CBRE
    Level 34, 8 Exhibition Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold6 Jan 2015
    Floor Area4,491 m²
    Land Area1.8 ha
    Parking214 x Onsite parkings
    Building TypePartial building
    Property ID2016610839
    Category
    Last updated  3 Oct 2023

    Listed by

    More about 70-82 Hopkins Highway Warrnambool VIC 3280

    70-82 Hopkins Highway Warrnambool VIC 3280 is categorized as Shop & Retail Property. It has a floor area of 4,491 m² and a land area of 1.8 ha. There are 214 x onsite parkings.The listing ID for this property is 2016610839.

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