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Maryborough Shopping Centre, Cnr Pyrenees Hwy & Burke St Maryborough, VIC 3465

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Maryborough Shopping Centre, Cnr Pyrenees Hwy & Burke St,
Maryborough, VIC 3465

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Map of Maryborough Shopping Centre, Cnr Pyrenees Hwy & Burke St

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BULLETPROOF VICTORIAN RETAIL INVESTMENT

  • 20 YEAR LEASE TO COLES
  • 20 YEAR LEASE TO KMART
  • RETAIL INVESTMENT
• Recently constructed Neighbourhood Shopping Centre incorporating a total GLA of 7,104 sqm approx
• New 20 year leases to both Coles and Kmart (Expiring 2031)
• 80% of income secured to Wesfarmers subsidiaries, with Coles on a Net lease
• Efficiently designed centre providing substantial depreciation benefits immediately
• Centre encompasses three (3) street frontages and a significant amount of 'at grade' car parking (290 in total)
• Estimated net income of $1,486,000 per annum with scope to attract future quality retailers and add additional tenancies within existing centre
• Strategically poised to become the pre-eminent convenience shopping facility in both the immediate and wider catchments

For further details contact:
GROSS WADDELL PTY LTD

Michael Gross - 0419 355 5...
Jonathon McCormack - 0418 835 885

CB RICHARD ELLIS

Mark Wizel - 0411 694 756
Justin Dowers - 0438 098 805

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Property ID: 5805493Last Updated: 14 Jan 2015

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Maryborough, VIC 3465
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