For Sale
Brand New Large Format Retail Investment Anchored by Leading ASX Listed Retailers
Officeworks & JB Hi-Fi Warrnambool, 65-69 Raglan Parade, Warrnambool VIC
Stonebridge Property Group is pleased to present Officeworks and JB Hi-Fi Warrnambool.
The key highlights of the opportunity include:
- 100% leased to powerhouse tenants Officeworks (7-years) and JB Hi-Fi (5-years)
- Officeworks is wholly owned by Wesfarmers Ltd (ASX:WES) a top 50 ASX listed company with a market capitalisation of $74.39 billion^
- JB Hi-Fi Limited (ASX:JBH) is a top 100 ASX listed company with a market capitalisation of $6.69 billion^
- High quality 3,570 sqm* retail building providing significant depreciation benefits
- Prominent 8,107 sqm* landholding in Warrnambool’s LFR precinct which includes Bunnings, Harvey Norman, Spotlight, The Good Guys, Rebel Sport plus many others
- Prime position on Raglan Parade which provides access to Warrnambool Town Centre (4.5 km*) and access to the nearby Gateway Plaza (450 m*) anchored by Coles, Kmart, ALDI and Chemist Warehouse
- Net income of $811,358 p.a* + GST with capped CPI increases
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
* Approximately
^Marketindex.com.au/asx