Woolworths Maryborough, 34-36 Tuaggra Street,
Maryborough, VIC 3465
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Car spaces
Property extent
Zoning
Tenure type
Sold on
Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
Woolworths Maryborough, 34-36 Tuaggra Street
Maryborough, VIC 3465
Map of Woolworths Maryborough, 34-36 Tuaggra Street
Dominant Freestanding Woolworths with Rare Net Lease
- First time offered
- Tenant undertaking $9m refurbishment
- Initial term percentage rent forecast
Savills Retail Investments team are excited to present for sale this generational investment opportunity and just the third full-line supermarket offered in Victoria this year.
Investment highlights include:
- High performing standalone supermarket undergoing $9m tenant refurbishment
- Secured by an unrepeatable 24-year lease to Woolworths Group Limited
- Highly sought-after 'net' lease
- Ultra-rare fixed rental increase of 10% at first option, guaranteeing growth
- Full-line supermarket of 4,294sq m* with brand new Direct to Boot facility
- Substantial site area of 9,699sq m* with 159 car bays on title
- Percentage rent forecast during initial term
- Important 50% Stamp Duty Savings
- Woolworths Limited: ASX-giant with 1,112 stores nationally and market cap of $45.26b.
- Net Income: $944,215pa*
*Approx.
For Sale via Expressions of Interest closing 3pm (AEDT), Thursday 16 November 2023.
Investment highlights include:
- High performing standalone supermarket undergoing $9m tenant refurbishment
- Secured by an unrepeatable 24-year lease to Woolworths Group Limited
- Highly sought-after 'net' lease
- Ultra-rare fixed rental increase of 10% at first option, guaranteeing growth
- Full-line supermarket of 4,294sq m* with brand new Direct to Boot facility
- Substantial site area of 9,699sq m* with 159 car bays on title
- Percentage rent forecast during initial term
- Important 50% Stamp Duty Savings
- Woolworths Limited: ASX-giant with 1,112 stores nationally and market cap of $45.26b.
- Net Income: $944,215pa*
*Approx.
For Sale via Expressions of Interest closing 3pm (AEDT), Thursday 16 November 2023.
Explore property virtually
Video
Property ID: 504442576Last Updated: 29 Nov 2023
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Savills - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
23-25 O’Neills Road,Melton, VIC 3337 483 m²Medical & Consulting • Shops & Retail • Other
Contact Agent
143-147 & 149-169 Barries Road,Melton West, VIC 3337 10233 m²Development Sites & Land • Shops & Retail