Burgess Rawson is pleased to offer to the market 'Black Forest Meats' at Shop 1, 99 High Street, Woodend VIC for sale via Investment Portfolio Auction 175.
The property has the following key investment highlights:
+ Renewed 5-year lease to 2029 plus four (4) further five (5) year options to 2049.
+ Black Forest Meats: A family-owned and operated butcher shop on-site since 2008, offering a wide range of fresh products, participating in local events and supporting regional producers. (1)
+ Butcher shop trading from site location for over 40 years.
+ Landlord favourable net lease terms, with tenant responsible for all usual outgoings as per the lease.
+ Fixed, compounding 3.5% annual rent increases, ensuring continued income growth.
+ Well-maintained 145sqm* building with rear access, on-site parking for 4+ cars.
+ Prime 540 sqm* site with valuable 'Commercial 1' zoning and 6m* frontage to High Street.
+ High Street: Key arterial road connecting Calder Freeway, Black Forest Drive, Tylden-Woodend Road and Mount Macedon Road, ensuring easy access to Melbourne, Bendigo and nearby towns.
+ Important CBD location within 1km* of key retailers and facilities, including Coles, BP, IGA & 19th Hole Shopping centre anchored by K-Hub and Subway.
+ Woodend: Located 70 km* northwest of Melbourne CBD, it is a key destination in the Macedon Ranges region due to its thriving tourism sector, growing local industries and connectivity to surrounding towns.
+ Macedon Ranges Shire: Semi-rural municipality located 60 km* from CBD, known for its tourism, generating $292 million per annum in direct and indirect visitor expenditure, attracting over 1 million visitors annually. (2)
+ Potential 50% stamp duty savings.
+ Net Rent: $39,315 pa* + GST.
For Sale by Investment Portfolio Auction 10:30am AEDT Wednesday 26 March 2025 River Room Crown Casino, Melbourne
*Approx
1 Visit Macedon Ranges
2 Macedon Ranges Shire Council
