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Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

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Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

Properties / Buy / Victoria / Morwell
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Closing Wednesday 10th April 2024 at 3pm (AEST)
Land Area
11,110 m² (*approx)
Floor Area
4756 m² (*approx)
Property Type
Retail
Sub-type
Large Format, Mixed Use
Car Spaces
259
Show All

2. Property Highlights

Strong Performing Coles & Liquorland + 7 Shops
  • Coles Paying Percentage Rent
  • Rare NET Lease Structure
  • 92% of income underpinned by Coles

JLL Retail Investments in conjunction with Stonebridge have the privilege in offering for sale Coles Morwell Shopping Centre.

 A rare opportunity to acquire a refurbished Coles Supermarket & Liquorland anchored asset with seven convenience-based specialty shops.

Key details of the opportunity include:

      + Anchored by a high performing 4,756 sqm Coles Supermarket

+ 92% of income underpinned by Coles Group

+ Rare NET lease in place with ~90% of outgoings fully recoverable by Coles.

+ Commanding 11,110 sqm activity centre zoned landholding

+ Exceptional parking with 259 at-grade and under croft car bays

+  Potential 50% stamp duty savings available

*Approx.

To obtain further information or to arrange an inspection, please contact the agents below:

JLL Agents:

Stuart Taylor | 0428 000 000

Tom Noonan | 0402 319 698

MingXuan Li 李明轩 | 0498 688 998

Stonebridge Agents:

Justin Dowers | 0438 098 805

Phillip Gartland | 0403 582 324

Kevin Tong | 0422 848 818

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Large Format, Mixed Use
Land Area
11,110 m² (*approx)
Floor Area
4756 m² (*approx)
Car Spaces
259
Selling Method
EOI
EOI Closing Date
10 Apr 2024 03:00PM
Selling Details
Closing Wednesday 10th April 2024 at 3pm (AEST)

2. Property Highlights

Strong Performing Coles & Liquorland + 7 Shops
  • Coles Paying Percentage Rent
  • Rare NET Lease Structure
  • 92% of income underpinned by Coles

JLL Retail Investments in conjunction with Stonebridge have the privilege in offering for sale Coles Morwell Shopping Centre.

 A rare opportunity to acquire a refurbished Coles Supermarket & Liquorland anchored asset with seven convenience-based specialty shops.

Key details of the opportunity include:

      + Anchored by a high performing 4,756 sqm Coles Supermarket

+ 92% of income underpinned by Coles Group

+ Rare NET lease in place with ~90% of outgoings fully recoverable by Coles.

+ Commanding 11,110 sqm activity centre zoned landholding

+ Exceptional parking with 259 at-grade and under croft car bays

+  Potential 50% stamp duty savings available

*Approx.

To obtain further information or to arrange an inspection, please contact the agents below:

JLL Agents:

Stuart Taylor | 0428 000 000

Tom Noonan | 0402 319 698

MingXuan Li 李明轩 | 0498 688 998

Stonebridge Agents:

Justin Dowers | 0438 098 805

Phillip Gartland | 0403 582 324

Kevin Tong | 0422 848 818

Read More
Tenanted Investment

3. Property Location

Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840

Property Map
Coles Morwell Shopping Centre, 82-116 George Street, Morwell Victoria 3840 Morwell
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