Stonebridge, in conjunction with Cushman & Wakefield are pleased to present for sale Woolworths Metro West Melbourne, a brand-new inner Melbourne Woolworths supermarket.

The key highlights of the opportunity include:

• A brand-new Woolworths supermarket secured by an initial 8-year lease plus options to 2051
• Ultra-rate, minimum 5% base rent increases in year 6 and 11 of the lease provide income growth potential
• High profile location, 1 km* from the Melbourne CBD and opposite North Melbourne train station which has an annual traffic count of 1.14 million commuters p.a.**
• Extremely dense catchment with 45,800 people within a 1.5 km* radius experiencing 3.2% p.a. population growth to 2031***
• Nearby the $10.2 billion West Gate Tunnel project which will substantially improve connectivity to the suburb
• Seamlessly integrated within the highly successful Gadsden development (187 units over 11 storeys) with 22 basement car spaces on title
• Estimated net operating income of $565,000 p.a.* plus excellent depreciation benefit potential

To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Stonebridge Property Group and Cushman & Wakefield.