First Choice Liquor Falcon, offers investors a rare opportunity to secure a trophy investment with a blue-chip covenant. The property is subject to a strong 15 year net lease to the Wesfarmers owned First Choice Liquor and presents a unique opportunity to purchase a blue chip investment leased to one of Australia’s most successful and respected retailers.

The property is located on the highly visible and exposed corner of Old Coast Road and Olive Road, opposite the Miami Plaza Shopping Centre. The main thoroughfare of Old Coast Road has in excess of 15,680 cars passing per day (Main Roads 2016).

We highlight the following positive attributes of this outstanding investment opportunity:

- Rare freestanding retail property leased to Liquorland (Australia) Pty Ltd a subsidiary of Coles/Wesfarmers.
- Initial lease term of fifteen years expiring December 2027 (3x10 year option).
- Current net rent of $570,000pa* plus GST with sustainable market rental and attractive rent review structure throughout the lease.
- Located opposite the thriving Woolworths anchored Miami Plaza Shopping Centre.
- Modern 1234sqm* building which presents to a high standard with convenient customer parking.
- Prominent 2,945sqm* site positioned on a highly exposed corner location with excellent visibility and access from Old Coast Road.

For further information on this outstanding opportunity, please contact the exclusive sales and marketing agents.


*Approx.