Coles Swan Hill Shopping Centre
Corner Beveridge Street & McCrae Street, Swan Hill VIC

Stonebridge Property Group is pleased to advise Coles Swan Hill Shopping Centre is now Under Contract.

 

A dominant Coles Supermarket & Liquorland + 4 shops in the thriving regional Victoria location.

The key highlights of the opportunity include:

  • Coles, Liquorland + 4 shops over a total lettable area of 3,452sqm*
  • 85%* of gross rent is secured to Coles and Liquorland (Net Leases)
  • Dominant Coles Supermarket: trading 40% in excess of benchmarks1 and in excess of turnover rent threshold
  • Outstanding income growth potential, with a Coles rent review in Aug-21
  • Low average gross specialty rentals of $565 per sqm* with annual rent reviews
  • 8,203sqm* Commercial 1 Zoned site in a prime town centre position with convenient at-grade parking for 142 cars
  • Booming agriculture and domestic tourism location at the heart of the Murray River Region of Victoria
  • Estimated net income of $1.1 million per annum*

*Approximate
1Jan-21 MAT (excl. GST) on $/sqm basis compared to Macroplan benchmark

 

To obtain further information, please contact our exclusive selling agents.