Freestanding Large Format Retail Investment With Long Leases to 3 National Tenants

Stonebridge Property Group and Wilson Property are pleased to present for sale The Latrobe Super Centre, 60-70 George Street, Moe.

The key highlights of the opportunity include:

– Dominant large format retail centre underpinned by a long term leases to 3 national tenants totalling a 2,848 sqm* GLA

– Secured by long term lease commitments including 2 tenants of which are ASX listed forming a WALE of 7.45 years

– Prominent 3,604 sqm* Commercial 1 Zone Corner landholding surrounded by a range of National Retailers such as Coles, Kmart, Harvey Norman & Liquorland

– Net annual income of $385,307* p.a* with fixed annual increases across all leases providing a strong cash flow for investors + annual growth with fixed annual increases across all leases

– Surrounded by ample ‘at grade’ car parks which service the entire retail precinct including neighbouring tenants such as Aldi, Bottlemart & Mitre 10 Hardware

– Situated strategically in the City of Latrobe with rising median house prices of 24.4% over the past 12 months

– Highly attractive investment proposition underpinned by potential 50% stamp duty concessions

– Boasts rare town position providing outstanding exposure to a majority of all visitors from the West to Moe

*Approximate

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

Wilson Property
Ben Wilson
0412 525 542

Melissa Van Berkel
0477 013 850

Stonebridge Property Group
Rorey James
0439 400 081

Kevin Tong
0422 848 818

Acting under instruction from Advise Transact

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