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Burgess Rawson - Melbourne

Target, 10 Sylvia Place Tumut, NSW 2720

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Target, 10 Sylvia Place,
Tumut, NSW 2720

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Burgess Rawson - Melbourne
Raoul Holderhead

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Target, 10 Sylvia Place
Tumut, NSW 2720

Map of Target, 10 Sylvia Place

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High Yielding Standalone Wesfarmers Freehold

  • Strategic Location Next to Coles
  • Renewed Lease to Target Australia Ltd
  • Strong Performing Target Store
Renewed lease to Target/Wesfarmers Ltd
Annual fixed 3% rent increases
Large site fully integrated with Coles
Brand new 3 + 3 year lease to Target
Modern, low-maintenance retail store of approximately 1,500 sqm, developed in 2008
Strong trader, 7.4% store sales growth in the last 4 months
Strategic 4,083 sqm retail site, surrounded by Coles, KFC, BWS, Snowy Valley Council offices with approx 50 at-grade car spaces on-title
Annual, fixed, compounding 3% rent increases
Target: Iconic 93 year old retailer, wholly owned by $39 billion Wesfarmers, recent increase in half year sales to an estimated $1.5 billion
Tumut: Vibrant retail and service sector servicing a population of over 15,000 and strategically located midway between Sydney and Melbourne
Estimated net rent: $229,775 p.a.

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Property ID: 503168286Last Updated: 3 May 2021

Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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