Added 2 days ago
BWS, 61 High Street (Northern Highway),
Heathcote, VIC 3523
Shops & Retail • Showrooms & Large Format Retail • Other
Added 2 days ago
Price information
Sale - Auction Tue 10 Dec
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$126,740
Number of Tenants
1 Tenant
Tenants / Type
BWS
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
BWS, 61 High Street (Northern Highway)
Heathcote, VIC 3523
Map of BWS, 61 High Street (Northern Highway)
Bus stops within 5 km of BWS, 61 High Street (Northern Highway), Heathcote, VIC 3523 Distance Jennings St/Northern Hwy (Heathcote) 85 m Heathcote Post OfficeNorthern Hwy 601 m Heathcote Lions ParkNorthern Hwy 613 m Mitchell St/Northern Hwy (Heathcote) 1.6 km POWERED BY HERE ©
POWERED BY HERE ©
Freehold BWS Investment With Drive-Thru | 7 Year Lease to ASX Listed Endeavour Group
- New 7 Year Lease to 2031
- Fixed 3% Annual Increases
- Potential 50% stamp duty savings.
Burgess Rawson is pleased to offer to market BWS at 61 High Street (Northern Highway), Heathcote VIC for sale via National Investment Portfolio Auction 173.
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
To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 11 December 2024
River Room, Crown Casino, Melbourne
Please contact the exclusively appointed Burges Rawson team for more information
Jamie Perlinger | 0413 860 3...
Beau Coulter | 0413 839 8...
David Napoleone | 0417 308 0...
*Approx
**bws.com.au
***Gapmaps
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
To be sold via Investment Portfolio Auction
10:30am AEDT Wednesday 11 December 2024
River Room, Crown Casino, Melbourne
Please contact the exclusively appointed Burges Rawson team for more information
Jamie Perlinger | 0413 860 3...
Beau Coulter | 0413 839 8...
David Napoleone | 0417 308 0...
*Approx
**bws.com.au
***Gapmaps
Property ID: 504733256Last Updated: 12 Nov 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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