1-13 Ilex Street,
Red Cliffs, VIC 3496
Shops & Retail
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Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
1-13 Ilex Street
Red Cliffs, VIC 3496
Map of 1-13 Ilex Street
Bus stops within 5 km of 1-13 Ilex Street, Red Cliffs, VIC 3496 Distance Pedler Lane/Heytesbury Ave (Red Cliffs) 124 m Post OfficeIndi Ave 157 m Heytsbury AveJacaranda St 206 m Red Cliffs Police Station/Jacaranda St (Red Cliffs) 245 m Nardoo StCalder Hwy 374 m POWERED BY HERE ©
POWERED BY HERE ©
Premium Freestanding Supermarket Investment
- 15 YEAR LEASE TO IGA WITH 144 STORES
- ATTRACTIVE CPI ANNUAL INCREASES
- POTENTIAL FOR 50% STAMP DUTY SAVING
Cushman & Wakefield Melbco Retail Investments & First National are delighted to exclusively present a premium freestanding supermarket investment at 1-13 Ilex Street, Red Cliffs for sale.
• Blue-chip tenant in Ritchies IGA with some 150 stores nationally and in excess of $1.4b in annual revenues.
• Tenant in operation for 40 years
• 15-year lease in place with extremely favorable CPI increases and further options
• Significant net income of $470,565 per annum plus GST & Outgoings
• Large land holding with significant overflow car parking land to the north and rear of the complex.
• One of Australia’s oldest retail chains established in 1870 with 6500 employees nationally – part owned by $4b conglomerate Metcash
• Non-discretionary retail tenant operating from the property since 1983*
• Potential 50% Stamp duty savings for purchasing regional VIC property.
*Approx
1-13 Ilex Street, Red Cliffs is offered for sale via Private Sale
Cushman & Wakefield
Oliver Hay | 0419 528 5...
George Davies | 0421 799 4...
Raphael Favas | 0435 916 3...
Jeff Ha 石军豪 | 0401 145 166
First National Real Estate
Ben Ridley | 0407 830 970
• Blue-chip tenant in Ritchies IGA with some 150 stores nationally and in excess of $1.4b in annual revenues.
• Tenant in operation for 40 years
• 15-year lease in place with extremely favorable CPI increases and further options
• Significant net income of $470,565 per annum plus GST & Outgoings
• Large land holding with significant overflow car parking land to the north and rear of the complex.
• One of Australia’s oldest retail chains established in 1870 with 6500 employees nationally – part owned by $4b conglomerate Metcash
• Non-discretionary retail tenant operating from the property since 1983*
• Potential 50% Stamp duty savings for purchasing regional VIC property.
*Approx
1-13 Ilex Street, Red Cliffs is offered for sale via Private Sale
Cushman & Wakefield
Oliver Hay | 0419 528 5...
George Davies | 0421 799 4...
Raphael Favas | 0435 916 3...
Jeff Ha 石军豪 | 0401 145 166
First National Real Estate
Ben Ridley | 0407 830 970
Property ID: 504519532Last Updated: 18 Apr 2024
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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