Mitre 10, 91-97 Bass Highway,
Inverloch, VIC 3996
Shops & Retail • Showrooms & Large Format Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of Mitre 10, 91-97 Bass Highway
New Lease to Metcash subsidiary: Established Mitre 10 Investment
- New 12 Year Lease to Capeview Mitre 10
- Capeview Mitre 10: Metcash Subsidiary
- Inverloch: Booming Coastal Destination
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.
Prominent 7,066m2* highway corner site with dual access and 176 metre* combined frontage.
As new building, entirely rebuilt in 2010, includes 2 lane drive through trade pick up facility.
Significant depreciation benefits.
Annual CPI rent reviews.
Inverloch: Booming coastal holiday destination with 37.3% increase in number of dwellings between 2001 and 2011 (Bass Coast Shire).
Rent: $272,286 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.
Prominent 7,066m2* highway corner site with dual access and 176 metre* combined frontage.
As new building, entirely rebuilt in 2010, includes 2 lane drive through trade pick up facility.
Significant depreciation benefits.
Annual CPI rent reviews.
Inverloch: Booming coastal holiday destination with 37.3% increase in number of dwellings between 2001 and 2011 (Bass Coast Shire).
Rent: $272,286 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: 500910763Last Updated: 15 Aug 2016
04138603...
Mitre 10, 91-97 Bass Highway
Inverloch, VIC 3996
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Inverloch Marine, 2-4 The Esplanade,Inverloch, VIC 3996 625 m²Shops & Retail • Development Sites & Land • Hotel, Motel & Leisure
Contact Agent
25 McKenzie Street & 1 Murray Street,Wonthaggi, VIC 3995 1350 m²Shops & Retail • Development Sites & Land