Mitre 10, 2 Cusack Road,
Leongatha, VIC 3953

New minimum 12 year lease from May 2013 (plus options) to thriving chain Capeview Mitre 10, majority-owned by Metcash Limited subsidiary.
Metcash: $2.845 billion* ASX top 100 company (as at 28 September 2013), recorded 128% increase in net profit after tax in the 12 months to April 2013.
Mitre 10: Growing network of over 450 stores.
28,020m2*gateway corner title with low 13%* site coverage and potential for further expansion or land subdivision and on-sale STCA.
Thriving store upgraded and extended twice to cope with increased demand since opening in 1997, most recently in 2008.
Includes major Dulux Trade Centre, formerly a freestanding business, acquired by Capeview in 2000 and relocated to the site in 2009.
Annual CPI rent reviews.
Leongatha: Commercial and retail hub of iconic dairy region with 20% increase in number of dwellings between 2001 and 2011 (South Gippsland Shire).
Rent: $264,545 pa*#

May 2014 settlement available.
Interstate and local bidding by prior arrangement.


* All areas and figures approx only. All precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the Vendor or Agent.
# Approximate projection as at 1 May 2014 based on CPI June 2013 Quarter.