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Gross Waddell ICR - Commercial

OzDesign, 269 Old Geelong Road Hoppers Crossing, VIC 3029

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OzDesign, 269 Old Geelong Road,
Hoppers Crossing, VIC 3029

Showrooms & Large Format Retail • Shops & Retail

Price information

Sale - Expression of Interest closing Wed 11 Dec

Contact Agent

Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$304,172
Number of Tenants
1 Tenant
Tenants / Type
OZ Design Furniture

Expression of Interest

Add to calendar

Private inspections

to arrange a private inspection.
Gross Waddell ICR - Commercial
Danny Clark
Andrew Greenway
Glenn Ye 叶格林

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
OzDesign, 269 Old Geelong Road
Hoppers Crossing, VIC 3029

Map of OzDesign, 269 Old Geelong Road

Directions
  • Train stations within 5 km of OzDesign, 269 Old Geelong Road, Hoppers Crossing, VIC 3029Distance
    Hoppers Crossing Station1.7 km
    Williams Landing Station2.7 km
    Aircraft Station4 km
    Laverton Station5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of OzDesign, 269 Old Geelong Road, Hoppers Crossing, VIC 3029Distance
    Costa Dr/Old Geelong Rd (Hoppers Crossing)44 m
    212 Old Geelong Rd92 m
    Wyndham City Depot/Old Geelong Rd (Hoppers Crossing)228 m
    184 Old Geelong Rd395 m
    Nevada Ct/Old Geelong Rd (Hoppers Crossing)651 m
    POWERED BY HERE ©
POWERED BY HERE ©

High Profile Showroom Leased To A National Furniture Giant

  • Securely leased to a national operator
  • Strong income profile
  • Superbly positioned showroom
Gross Waddell ICR is pleased to offer this prominent large format retail investment located within the ever-popular Wyndham Homemaker Centre, a part of one of Victoria’s most popular large format retail destinations. Securely leased to OzDesign, the showroom is surrounded by Australia’s biggest brands and benefits from over 32,000^ cars passing daily.

• Securely leased to OzDesign on a 7-year lease to 2027 plus options to 2041

• OzDesign is a market leading national furniture giant with over 40 stores throughout Australia

• Significant income profile generating $304,172* net pa (after single holding land tax)

• Compounding CPI annual rent increases ensuring rental growth - next increase July 2025

• Immaculately presented 1,420 sqm* showroom with rear RSD access, mezzanine office and ample surrounding carparking

• Proven LFR destination with a plethora of nationally recognised brands adjoining including Bunnings, Officeworks, Mitre 10, Forty Winks, JB Hi-Fi, BCF plus many more

• Located within Wyndham City Council, is one of Australia's fastest growing and culturally diverse municipalities with a population forecast to increase 65% to exceed 463,661 (forecast.id.com.au)

The property is for sale via a Expressions of Interest campaign closing Wednesday the 11th of December 2024 at 3 pm. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.

^VicRoads
*Approx.

Property ID: 504731944Last Updated: 20 Nov 2024

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