Coles Morwell, 82-116 George Street,
Morwell, VIC 3840
Shops & Retail
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Sale - Expression of Interest
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Map of Coles Morwell, 82-116 George Street
Train stations within 5 km of Coles Morwell, 82-116 George Street, Morwell, VIC 3840 Distance Morwell Station 262 m Dyers Gippsland Transport 4.1 km POWERED BY HERE ©Bus stops within 5 km of Coles Morwell, 82-116 George Street, Morwell, VIC 3840 Distance Morwell Bus Interchange/Commercial Rd (Morwell) 86 m Tarwin StElgin St 137 m Hazelwood Rd/Ann St (Morwell) 425 m Latrobe Valley Law CourtsCommercial Rd 465 m Princes Dr/McDonald St (Morwell) 569 m POWERED BY HERE ©
POWERED BY HERE ©
Strong Performing Coles & Liquorland + 7 Shops
- Coles Paying Percentage Rent
- Rare NET Lease Structure
- 92% of income underpinned by Coles
JLL Retail Investments in conjunction with Stonebridge have the privilege in offering for sale Coles Morwell Shopping Centre.
A rare opportunity to acquire a refurbished Coles Supermarket & Liquorland anchored asset with seven convenience-based specialty shops.
Key details of the opportunity include:
+ Anchored by a high performing 4,756 sqm Coles Supermarket
+ 92% of income underpinned by Coles Group
+ Rare NET lease in place with ~90% of outgoings fully recoverable by Coles.
+ Commanding 11,110 sqm activity centre zoned landholding
+ Exceptional parking with 259 at-grade and under croft car bays
+ Potential 50% stamp duty savings available
*Approx.
Coles Morwell is For Sale by Expressions of Interest closing Wednesday 10th April 2024 at 3pm (AEST)
To obtain further information or to arrange an inspection, please contact the agents below:
JLL Agents:
Stuart Taylor | 0428 000 0...
Tom Noonan | 0402 319 6...
MingXuan Li 李明轩 | 0498 688 998
Stonebridge Agents:
Justin Dowers | 0438 098 8...
Phillip Gartland | 0403 582 324
Kevin Tong | 0422 848 818
Coles Paying Percentage Rent
Rare NET Lease Structure
92% of income underpinned by Coles
A rare opportunity to acquire a refurbished Coles Supermarket & Liquorland anchored asset with seven convenience-based specialty shops.
Key details of the opportunity include:
+ Anchored by a high performing 4,756 sqm Coles Supermarket
+ 92% of income underpinned by Coles Group
+ Rare NET lease in place with ~90% of outgoings fully recoverable by Coles.
+ Commanding 11,110 sqm activity centre zoned landholding
+ Exceptional parking with 259 at-grade and under croft car bays
+ Potential 50% stamp duty savings available
*Approx.
Coles Morwell is For Sale by Expressions of Interest closing Wednesday 10th April 2024 at 3pm (AEST)
To obtain further information or to arrange an inspection, please contact the agents below:
JLL Agents:
Stuart Taylor | 0428 000 0...
Tom Noonan | 0402 319 6...
MingXuan Li 李明轩 | 0498 688 998
Stonebridge Agents:
Justin Dowers | 0438 098 8...
Phillip Gartland | 0403 582 324
Kevin Tong | 0422 848 818
Coles Paying Percentage Rent
Rare NET Lease Structure
92% of income underpinned by Coles
Property ID: 504535724Last Updated: 30 Aug 2024
Coles Morwell, 82-116 George Street
Morwell, VIC 3840
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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