FoodWorks, 130-131 Station Street,
Aspendale, VIC 3195
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Price information
Sale - Auction Tue 29 Oct
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Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$116,192
Number of Tenants
1 Tenant
Tenants / Type
FoodWorks
Auction
Private inspections
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
FoodWorks, 130-131 Station Street
Aspendale, VIC 3195
Map of FoodWorks, 130-131 Station Street
Train stations within 5 km of FoodWorks, 130-131 Station Street, Aspendale, VIC 3195 Distance Aspendale Station 76 m Edithvale Station 1.1 km Mordialloc Station 2.6 km Chelsea Station 3 km Bonbeach Station 4.3 km POWERED BY HERE ©Bus stops within 5 km of FoodWorks, 130-131 Station Street, Aspendale, VIC 3195 Distance Ross St/Station St (Aspendale) 176 m Laura St/Station St (Aspendale) 412 m Second Ave/Station St (Aspendale) 474 m First Ave/Station St (Aspendale) 488 m 84 Station St 614 m POWERED BY HERE ©
POWERED BY HERE ©
Longstanding & Successful Supermarket + Liquor, Over 40+ Years On-site
- Future Development Upside
- 5 Year Lease + Opts to 2037
- Prime 399sqm* Freehold & Rear Loading
Burgess Rawson are pleased to present to market the FoodWorks at 130-131 Station Street, Aspendale VIC for sale via Investment Portfolio Auction 172.
This property has the following investment highlights:
+ 5 year lease to June 2027 with two further 5 year options to 2037.
+ Foodworks: Australia’s second largest independent supermarket chain with $1.35 billion** in annual sales.
+ Longstanding and successful supermarket + liquor, on site for over 40 years.
+ Landlord friendly net lease terms with the tenant paying all outgoings excluding land tax.
+ Favourable annual CPI rent reviews.
+ Premium Commercial 1 Zoning located metres from Aspendale Beach and Aspendale Train Station.
+ Modern 390sqm* supermarket plus liquor with rear loading and ample council car spaces.
+ 'Calculated' location, with nearest bottleshop over 2km* away.
+ High exposure location with over 17,000 vehicles passing daily via Station street and located on the home bound side of Station Street.
+ Aspendale: affluent beach-side suburb, median house price of $1.35 million.***
+ Net Income: $116,192 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 30 October 2024
River Room - Crown Casino, Melbourne
*Approx
**FoodWorks
*** Realestate.com.au
****GapMaps
This property has the following investment highlights:
+ 5 year lease to June 2027 with two further 5 year options to 2037.
+ Foodworks: Australia’s second largest independent supermarket chain with $1.35 billion** in annual sales.
+ Longstanding and successful supermarket + liquor, on site for over 40 years.
+ Landlord friendly net lease terms with the tenant paying all outgoings excluding land tax.
+ Favourable annual CPI rent reviews.
+ Premium Commercial 1 Zoning located metres from Aspendale Beach and Aspendale Train Station.
+ Modern 390sqm* supermarket plus liquor with rear loading and ample council car spaces.
+ 'Calculated' location, with nearest bottleshop over 2km* away.
+ High exposure location with over 17,000 vehicles passing daily via Station street and located on the home bound side of Station Street.
+ Aspendale: affluent beach-side suburb, median house price of $1.35 million.***
+ Net Income: $116,192 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 30 October 2024
River Room - Crown Casino, Melbourne
*Approx
**FoodWorks
*** Realestate.com.au
****GapMaps
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Property ID: 504670344Last Updated: 17 Oct 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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