Woolworths Metro West Melbourne, 18 Dryburgh Street,
West Melbourne, VIC 3003
Shops & Retail • Showrooms & Large Format Retail • Hotel, Motel & Leisure
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
Woolworths Metro West Melbourne, 18 Dryburgh Street
West Melbourne, VIC 3003
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A Rare Inner City and World-class Investment Anchored by a New 8-year Lease to Woolworths
- Brand New Woolworths Supermarket
- 1 km* from Melbourne CBD
- Strong Depreciation Benefit Potential
Stonebridge, in conjunction with Cushman & Wakefield are pleased to present for sale Woolworths Metro West Melbourne, a brand-new inner Melbourne Woolworths supermarket.
The key highlights of the opportunity include:
- A brand-new Woolworths supermarket secured by an initial 8-year lease plus options to 2051
- Ultra-rate, minimum 5% base rent increases in year 6 and 11 of the lease provide income growth potential
- High profile location, 1 km* from the Melbourne CBD and opposite North Melbourne train station which has an annual traffic count of 1.14 million commuters p.a.**
- Extremely dense catchment with 45,800 people within a 1.5 km* radius experiencing 3.2% p.a. population growth to 2031***
- Nearby the $10.2 billion West Gate Tunnel project which will substantially improve connectivity to the suburb
- Seamlessly integrated within the highly successful Gadsden development (187 units over 11 storeys) with 22 basement car spaces on title
To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Stonebridge Property Group and Cushman & Wakefield.
Stonebridge Property Group:
Justin Dowers
0438 098 8...
Kevin Tong 汤聪瑜
0422 848 8...
Cushman & Wakefield:
Oliver Hay
0419 528 5...
George Davies
0421 799 4...
Jeff Ha
0401 145 166
* Approximately
**Data VIC, 2022-23 station entries
***LocationIQ
Property Code: 1025
The key highlights of the opportunity include:
- A brand-new Woolworths supermarket secured by an initial 8-year lease plus options to 2051
- Ultra-rate, minimum 5% base rent increases in year 6 and 11 of the lease provide income growth potential
- High profile location, 1 km* from the Melbourne CBD and opposite North Melbourne train station which has an annual traffic count of 1.14 million commuters p.a.**
- Extremely dense catchment with 45,800 people within a 1.5 km* radius experiencing 3.2% p.a. population growth to 2031***
- Nearby the $10.2 billion West Gate Tunnel project which will substantially improve connectivity to the suburb
- Seamlessly integrated within the highly successful Gadsden development (187 units over 11 storeys) with 22 basement car spaces on title
To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Stonebridge Property Group and Cushman & Wakefield.
Stonebridge Property Group:
Justin Dowers
0438 098 8...
Kevin Tong 汤聪瑜
0422 848 8...
Cushman & Wakefield:
Oliver Hay
0419 528 5...
George Davies
0421 799 4...
Jeff Ha
0401 145 166
* Approximately
**Data VIC, 2022-23 station entries
***LocationIQ
Property Code: 1025
Property ID: 504657788Last Updated: 18 Oct 2024
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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