Coles Morwell Shopping Centre_Property for Sale
Coles Morwell Shopping Centre_Property for Sale
82-116 George Street, Morwell, VIC, 3840, AU

Coles Morwell Shopping Centre

Asset description

JLL Retail Investments in conjunction with Stonebridge have the privilege in offering for sale Coles Morwell Shopping Centre.

 

A rare opportunity to acquire a refurbished Coles Supermarket & Liquorland anchored asset with seven convenience-based specialty shops.

 

Key details of the opportunity include:


+ Anchored by a high performing 4,756 sqm Coles Supermarket

+ 92% of income underpinned by Coles Group

+ Rare NET lease in place with ~90% of outgoings fully recoverable by Coles.

+ Commanding 11,110 sqm activity centre zoned landholding

+ Exceptional parking with 259 at-grade and under croft car bays

+ Potential 50% stamp duty savings available

 

*Approx.

 

Coles Morwell is For Sale by Expressions of Interest closing Wednesday 10th April 2024 at 3pm (AEST)

 

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

 

JLL Agents:

 

Stuart Taylor | 0428 000 000

Tom Noonan | 0402 319 698

MingXuan Li 李明轩 | 0498 688 998

 

Stonebridge Agents:

Justin Dowers | 0438 098 805

Phillip Gartland | 0403 582 324

Kevin Tong | 0422 848 818

 

...

Attributes

Building area gross
5,259 sm
Land area gross
11,110 sm
Parking spaces
259
Year renovated
2018

Media

Investment highlights

Coles Paying Percentage Rent

Rare NET Lease Structure

92% of income underpinned by Coles

Coles Morwell Shopping Centre 4_Property for Sale
Coles Morwell Shopping Centre 4_Property for Sale

Contact brokers

Coles Morwell Shopping Centre (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jul 5, 2024