Sold
100% Leased Freehold Corner Opposite Coles
2 Spring Square, Hallam VIC
Stonebridge Property Group is pleased to present for sale 2 Spring Square, Hallam.
The key highlights of the opportunity include:
- An unmissable and fully leased freehold corner at the gateway to Hallam’s 0% vacancy Spring Square Shopping Village
- The double storey retail building spans 309 sqm* and enjoys triple street frontage (45 m*) to major supermarket - Coles
- Current tenants benefit from sought after and high profile exposure to Princes Hwy - a major arterial road utilised by 33,000* cars daily
- Four longstanding tenants, including national real estate agency Raine & Horne, provide a diverse annual income of $89,640* + GST + Outgoings
- Spring Square is a tightly held shopping village bolstered by Coles supermarket, Liquorland, Pharmacy, Australia Post & 230* free car parks
- Located within the City of Casey – Victoria's 3rd fastest and Australia’s 8th fastest growing municipality, guaranteeing increased future retail trade in the local area
- City of Casey is set to experience a 40.57% population growth from 2023 to 2041 and also experienced a 14.6% growth in house price over the last 2 years
*Approximately
2 Spring Square, Hallam is offered for sale via Public On-Site Auction Thursday 20th April 2023 at 12:30pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.