Coles Lalor, 41-71 May Road,
Lalor, VIC 3075
Shops & Retail • Showrooms & Large Format Retail • Offices
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
Coles Lalor, 41-71 May Road
Lalor, VIC 3075
Map of Coles Lalor, 41-71 May Road
Freestanding Metro Melbourne Coles Supermarket
- Rare NET Lease To Coles Until 2028
- In Excess Of Percentage Rent Threshold
- Income + Landbank Opportunity
Stonebridge Property Group is delighted to present for sale a 100% freehold interest in Coles Lalor, a Melbourne metropolitan freestanding supermarket, only 16 km* from the Melbourne CBD.
The key highlights of the opportunity include:
- Secured by a rare NET lease to Coles (2,783 sqm* GLA)^ until 2028 plus 4x5 year options
- Strong income growth potential with current annual turnover in excess of percentage rent threshold^^
- High profile 3,365 sqm* metro landholding (Commercial 1 Zoned) at the heart of the Lalor retail precinct
- High underlying land value providing an income generating, land banking opportunity
- Low occupancy cost ratio identifying a significantly under market rental level ($148 per sqm)
*Approx.
^ Area based on rough estimate from scale drawing
^^ As at 31-Dec-21
To obtain further information, please contact Stonebridge Property Group.
Justin Dowers
0438 098 8...
Kevin Tong
0422 848 8...
Rorey James
0439 400 0...
Property Code: 372
The key highlights of the opportunity include:
- Secured by a rare NET lease to Coles (2,783 sqm* GLA)^ until 2028 plus 4x5 year options
- Strong income growth potential with current annual turnover in excess of percentage rent threshold^^
- High profile 3,365 sqm* metro landholding (Commercial 1 Zoned) at the heart of the Lalor retail precinct
- High underlying land value providing an income generating, land banking opportunity
- Low occupancy cost ratio identifying a significantly under market rental level ($148 per sqm)
*Approx.
^ Area based on rough estimate from scale drawing
^^ As at 31-Dec-21
To obtain further information, please contact Stonebridge Property Group.
Justin Dowers
0438 098 8...
Kevin Tong
0422 848 8...
Rorey James
0439 400 0...
Property Code: 372
Property ID: 504010591Last Updated: 19 Apr 2022
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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