Yarra Glen Shopping Centre, 38-40 Bell Street,
Yarra Glen, VIC 3775

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Map of Yarra Glen Shopping Centre, 38-40 Bell Street

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Yarra Glen Shopping Centre

Subdivision potential (STCA)
Fully let net income of $1,020,000 pa*
Excellent on site car parking for 194 ca

For Sale by Expressions of Interest closing 1 September at 2pm

20 Year lease to Ritchies Supa IGA

- Modern neighbourhood shopping centre comprising full line supermarket and 11 specialty stores
- 20 Year lease to Ritchies Supa IGA (commenced Dec 2008)
- Anchor tenant fully guaranteed by Metcash Trading Limited
- Complimentary retail mix including supermarket, butcher, bakery, cafe, etc.
- Total lettable area: 3,747sqm*
- Total site area of 9.287 hectares*
- Excellent on site car parking for 194 cars
- 70%* of asset leased to Ritchies Supa IGA
- Subdivision potential (STCA)
- Newly built centre - significant depreciation benefits
- Fully let net income of $1,020,000 per annum*

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Property ID: 5809761Last Updated: 28 Jul 2016

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