Sold
Prized Full-Line Metropolitan Melbourne Woolworths Supermarket
Woolworths Craigieburn, 40 Craigieburn Road, Craigieburn VIC

Stonebridge Property Group is pleased to present for sale Woolworths Craigieburn, a highly sought after full-line Woolworths supermarket with an older style net lease structure.

The key highlights of the opportunity include:

  • Rare opportunity to acquire a metropolitan Melbourne full-line Woolworths supermarket
  • Anchored by a desirable net lease to Woolworths (including land tax) providing strong protection against outgoings increases**
  • Prominently situated in Craigieburn, 24 km* north of the Melbourne CBD with a strong population growth of 2.1% p.a.^
  • Fronting Craigieburn Road which is undergoing a $300 million upgrade plus nearby other substantial government projects including an upgraded hospital and sports centre
  • The first retail offering coming from the Hume Highway and Craigieburn Train Station (600 m*) strongly benefitting from first exposure to inbound traffic into the suburb
  • Convenient access to 341 common area at-grade car spaces*
  • Estimated fully leased net operating income of $975,000* p.a.

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

* Approximately 
** Excluding management and administration fees
^ LocationIQ, 5 minute drive time (2021-2031)

Listing Map