376 Warrigal Road,
Heatherton, VIC 3202

Shops & Retail • Showrooms & Large Format Retail • Other

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Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141

376 Warrigal Road

Heatherton, VIC 3202

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Trophy Fast Food Asset 11 Year Lease Plus Options

Prominent 2,218 sqm* Site
New 11 Year Net Lease
With Fixed 3% Annual Increases

Stonebridge National Investment Sales is pleased to present to the market 376 Warrigal Road, Heatherton for sale via National Portfolio Auction Friday 28th October 2022 at 11am (AEDT).

The asset has the following key investment features:

- New 11 year net lease with 3 x 10 year options with fixed 3% annual rent increases

- Securely leased to Grill’d - Highly established brand with 155+ restaurants nationally

- Newly refurbished store spread over 340 sqm* GLR and with over $1.1 million in capital works

- Prominent 2,218 sqm* high exposure corner site with a Mixed-Used zoning complemented with 32 at grade car spaces

- Located in strong growth corridor with close proximity to commercial amenities of DFO Moorabbin and Southland

- Substantial 101 m* frontage to Warrigal Road, with exposure to more than 29,000 cars passing daily^

- Net Lease - Tenant pays all outgoings excluding Land Tax

*Approximate

^Vicroads

Please contact the exclusively appointed Stonebridge property professionals for more information.

Kevin Tong
0422 848 8...

Rorey James
0439 400 0...

Nic Hage
0448 782 5...

Property Code: 501

Property ID: 504164679Last Updated: 21 Dec 2022

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Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141