Coles Kilsyth, 18/518 Mt Dandenong Road,
Kilsyth, VIC 3137

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Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

Coles Kilsyth, 18/518 Mt Dandenong Road

Kilsyth, VIC 3137

Map of Coles Kilsyth, 18/518 Mt Dandenong Road

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Coles Kilsyth – Holding Income with Significant Value-Add Potential

Tenant: ASX-listed Coles & Liquorland
Reposition, re-develop or add value
Flexible Commercial 1 Zoning (C1Z)

- Substantial retail building area of 2,183sq m*
- Important Commercial 1 Zoning (C1Z) allowing for retail, commercial and/or residential (STCA)
- Outstanding opportunity to reposition, re-develop or add value
- Coles & Liquorland trading at low occupancy cost
- Coles pays all usual outgoings including Land Tax
- Significant rental upside potential with current tenant paying $160* per square metre
- 215* on-grade car spaces
- Expansive retail frontage of 40 metres*
- Net income: $350,000* per annum

*Approx.

For sale via Expressions of Interest closing 4pm (AEST) Wednesday 19 August 2020.

Property ID: 503605014Last Updated: 18 Oct 2020

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000