Mitre 10, 31 River Drive,
Tarwin Lower, VIC 3956
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
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Map of Mitre 10, 31 River Drive
New Lease to Metcash subsidiary: Established Mitre 10 Investment
- New 12 Year Lease to Capeview Mitre 10
- Capeview Mitre 10: Metcash Subsidiary
- Important township, gateway to Venus Bay
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.
Tarwin: Important river township servicing the 'South West Coastal District' of the South Gippsland Shire, 30.1% increase in number of dwellings between 2001 and 2011 (South Gippsland Shire).
Significant 3,562m2* town centre site with 44 metre* frontage and rear ROW.
Upgraded in 2004-2005 to include Garden Centre and Dry Timber Storage.
Supplementary income from popular local Angus Butchery on new lease.
Annual CPI rent reviews.
Rent: $48,583 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.
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.
Tarwin: Important river township servicing the 'South West Coastal District' of the South Gippsland Shire, 30.1% increase in number of dwellings between 2001 and 2011 (South Gippsland Shire).
Significant 3,562m2* town centre site with 44 metre* frontage and rear ROW.
Upgraded in 2004-2005 to include Garden Centre and Dry Timber Storage.
Supplementary income from popular local Angus Butchery on new lease.
Annual CPI rent reviews.
Rent: $48,583 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.
Property ID: 500910771Last Updated: 15 Aug 2016
04138603...
Mitre 10, 31 River Drive
Tarwin Lower, VIC 3956
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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