Share this property

realcommercial.com.au
Burgess Rawson - Melbourne

2 Osprey Drive Fraser Rise, VIC 3336

Directions

2 Osprey Drive,
Fraser Rise, VIC 3336

Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne
Rick Jacobson
Shaun Venables

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
2 Osprey Drive
Fraser Rise, VIC 3336

Map of 2 Osprey Drive

Directions

New Fully Leased IGA Shopping Centre – Booming Metro Melbourne Growth Suburb

  • Imposing 4,389sqm island site
  • Long 7.9 Year WALE
  • Supermarket + 6 shops
+ Trophy essential service asset with long 7.9 year WALE.
+ 94% of rent underpinned by Daily Needs and essential service tenants.
+ IGA Supermarket + 6 shops with 44 on title car park spaces.
+ Imposing 4,389 sqm island site with combined 268 metre* street frontage.
+ Constructed in 2020 – offering substantial depreciation benefits.
+ Surrounded by important social infrastructure, including 7 schools within 3km servicing 7,170 full time students.*
+ Fraser Rise: Located within the City of Melton, Melbourne’s Western Growth Corridor, population forecast to grow 253% by 2051.**
+ City of Melton: Population forecast to grow 131% to 448,053 by 2051.**
+ In the City of Melton, the value of building approvals has increased by 130% to $2.26 billion since 2019.***
+ 100% occupancy with a combined income of $361,404 with favourable rent reviews across the centre.

To be sold by Investment Portfolio Auction: 
10:30 am (AEST) Wednesday 23 February 2022
River Room, Crown Casino, Melbourne


*GapMaps
**Forecast.id
***Economy.id

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents. 

Property ID: 503991431Last Updated: 28 Apr 2022

progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.