
Woolworths Portarlington
6-8 Brown Street, Portarlington, VIC, 3223, AU
1 516 mètres carrés
JLL Retail Investments is pleased to offer for sale Woolworths Ivanhoe, an exceptional opportunity to acquire a modern supermarket investment anchored by Australia’s largest grocery retailer in one of Melbourne’s most prestigious inner-metropolitan corridors
The property consists of a full-line 3,552sqm Woolworths supermarket and BWS with 173 car-spaces on title, and occupies a prominent corner position in the heart of Ivanhoe’s vibrant retail precinct, just 7km from the Melbourne CBD.
Key details of the opportunity include:
+ 100% leased to Woolworths Group Limited (ASX: WOW)
+ Secure income stream leased until 2028 with further options through to 2053
+ Modern 3,552sqm ‘full-line ‘Woolworths Supermarket & BWS which recently underwent major refurbishment works
+ Abundant car parking for 173 vehicles on-title (5.01 spaces per 100sqm)
+ Affluent metropolitan suburb with a local median house price over $2m (158% above the Melbourne median)1
+ Significant depreciation benefits available, with potential for over $2.5m in cumulative tax deductions by 2030.2
+ Strong connectivity with Ivanhoe station 400m away and extensive Eastern Freeway Upgrades underway
+ Minimal management requirements, and Woolworths responsible for the majority of Outgoings payable
To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents.
Stuart Taylor | 0428 000 000
Tom Noonan | 0402 319 698
MingXuan Li 李名轩 | 0498 688 998
1Source: REIV.com.au
2Source: PEP Solutions
100% leased to Woolworths (ASX: WOW)
Secure long-term income stream
Premium inner-metropolitan location