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Woolworths Monbulk, Main Road
Monbulk VIC 3793
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Sold on 13 Sep 2023

Woolworths Monbulk, Main Road Monbulk VIC 3793

  • Shop & Retail
  • 2,530 m²
  • Sold

FREESTANDING PREMIUM WOOLWORTHS SUPERMARKET ON A RARE TRIPLE NET LEASE THAT TICKS ALL THE BOXES

  • Rarely offered freestanding Woolworths
  • 20 year term + options to 2064
  • Triple Net Lease, all outgoings paid for

Key investment details:

+ Woolworths Supermarket + BWS with rare 20 year triple net lease expiring 2034, plus 3 X 10 year options to 2064
+ 100% leased blue chip ASX covenant Woolworths Group Limited (ASX:WOW) Market Capitalisation of $48.42bn*
+ Woolworths pay all outgoings including Land Tax
+ Irreplaceable and highly exposed corner landholding of 6,900sqm* with 185m* of dual street frontage and multiple points of ingress and egress
+ Convenient at grade car parking for 118* vehicles on title, plus an abundance of free council parking nearby
+ Major refurbishment undertaken in 2016
+ Located 40km* from the Melbourne CBD in a gateway to the Yarra Ranges, positioned amongst major retailers in the area's main retail hub including ALDI, NAB, Commonwealth Bank, Bendigo Bank, Australia Post, Caltex and Mitre 10
+ Net income of $646,975* per annum, plus genuine future rental growth with Woolworths in excess of percentage rent threshold

Please contact the exclusive sale & marketing agents at CBRE for more information.

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

Jaycen Willox
+61 418 378 007
Jaycen.Willox@cbre.com.au

*Denotes approx.

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

Property Highlights

Date Sold13 Sep 2023
Floor Area2,530 m²
Land Area6,910 m²
Parking118 x Onsite parkings
Building TypeWhole building
Property ID2018660191
Category
Last updated  13 Oct 2023
Map for Woolworths Monbulk, Main Road Monbulk VIC 3793
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold13 Sep 2023
Floor Area2,530 m²
Land Area6,910 m²
Parking118 x Onsite parkings
Building TypeWhole building
Property ID2018660191
Category
Last updated  13 Oct 2023

More about Woolworths Monbulk, Main Road Monbulk VIC 3793

Woolworths Monbulk, Main Road Monbulk VIC 3793 is categorized as Shop & Retail Property. It has a floor area of 2,530 m² and a land area of 6,910 m². There are 118 x onsite parkings.The listing ID for this property is 2018660191.

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