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Gross Waddell ICR - Commercial

Showroom 6, 269-281 Old Geelong Road Hoppers Crossing, VIC 3029

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Showroom 6, 269-281 Old Geelong Road,
Hoppers Crossing, VIC 3029

Shops & Retail • Showrooms & Large Format Retail

Price information

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Key property information

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Tenure type

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Gross Waddell ICR - Commercial
Michael Gross
Andrew Greenway
Glenn Ye 叶格林
Danny Clark

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
Showroom 6, 269-281 Old Geelong Road
Hoppers Crossing, VIC 3029

Map of Showroom 6, 269-281 Old Geelong Road

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Prominent retail investment in bustling bulky goods destination

Gross Waddell ICR, with Urbis acting as Transaction Manager, is pleased to offer this prime showroom investment located within one of Victoria’s biggest large format retail precincts featuring significant exposure to 18,000^ cars passing daily and surrounded by premium retail brands.

Key Features:

• Significant income profile generating $280, 984* p.a. net + GST

• Secure 7 year lease with 7 year option (Commenced 1 May 2022)

• Strong annual 3% increases with market review at option

• Securely leased to Gatsby Living who has 3 locations across Melbourne

• High profile showroom comprising of 1,240sqm* with rear RSD access and ample surrounding carparking

• Located in one of Australia’s fastest growing regions with huge population growth forecasted

• Neighbouring a plethora of nationally recognised brands inlcuding Bunnings, Forty Winks, JB Hi-Fi, Mitre 10, BCF plus many more

For Sale via Expressions of Interest, Closing Thursday 5th October at 3pm.

For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.

*Approx
^ Source: bigbuild.vic.gov.au

Property ID: 504411252Last Updated: 8 Nov 2023

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