For Sale
METRO MELBOURNE COLES SUPERMARKET ON NET LEASE AND PAYING % RENT
Coles Clayton/1389-1391 Centre Road, Clayton VIC 3168
Vinci Carbone, in conjunction with Stonebridge, is pleased to present for sale Coles Clayton, a high-performing, freestanding Coles supermarket in the heart of the Clayton Activity Centre.
The key highlights of the opportunity include:
*approx
The key highlights of the opportunity include:
- Strong-performing Coles supermarket (2,760 sqm* GLAR) consistently trading in excess of the percentage rent threshold
- Net lease (including land tax) to Coles Group, who have traded from the location for over 25 years
- Prime 2,884 sqm* Commercial 1 zoned landholding offering exceptional future development potential
- In the heart of the Clayton Activity Centre with next door recently receiving permit approval for a 17-storey development
- Well-connected location with 336 at-grade car spaces adjacent (not on title) providing a convenient shopping experience
- Estimated net operating income of $517,490 p.a.
*approx