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70-82 Hopkins Highway Warrnambool, VIC 3280

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70-82 Hopkins Highway,
Warrnambool, VIC 3280

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Secure & Modern Victorian Neighbourhood Shopping Centre With Strong Growth Potential

- Modern neighbourhood shopping centre of 4,491 sqm* GLA, anchored by a strong trading Coles Supermarket (2,627sqm*), Direct Chemist Outlet (464sqm*) and 12 specialty shops including Brumby's Bakery and Domino's Pizza

- Outstanding security with a 8.5* year weighted average lease expiry (WALE) and 58% of total floor space leased to Coles Supermarket (2027 expiry)

- Highly convenient at grade car park for 214 vehicles (4.76cars/100sqm*)

- Dominant centre in the northern Warrnambool region and positioned to benefit from strong future population growth

- Strong depreciation tax benefits given the centre's high quality construction and 2007 build date

- Additional land included providing for store expansion potential

- Servicing a vast catchment area of 12,400 people, expected to grow to 15,880 by 2026

- Fully leased Net Income of $1,060,000 pa* with strong growth potential

FOR SALE BY PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 30TH OCTOBER 2014 AT 5:00PM

Property ID: 501291791Last Updated: 3 Oct 2023

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70-82 Hopkins Highway
Warrnambool, VIC 3280

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CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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