Woolworths Maryborough, 34-36 Tuaggra Street,
Maryborough, VIC 3465
Shops & Retail
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Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
Woolworths Maryborough, 34-36 Tuaggra Street
Maryborough, VIC 3465
Map of Woolworths Maryborough, 34-36 Tuaggra Street
Dominant Freestanding Woolworths with Rare Net Lease
- First time offered
- Tenant undertaking $9m refurbishment
- Initial term percentage rent forecast
Savills Retail Investments team are excited to present for sale this generational investment opportunity and just the third full-line supermarket offered in Victoria this year.
Investment highlights include:
- High performing standalone supermarket undergoing $9m tenant refurbishment
- Secured by an unrepeatable 24-year lease to Woolworths Group Limited
- Highly sought-after 'net' lease
- Ultra-rare fixed rental increase of 10% at first option, guaranteeing growth
- Full-line supermarket of 4,294sq m* with brand new Direct to Boot facility
- Substantial site area of 9,699sq m* with 159 car bays on title
- Percentage rent forecast during initial term
- Important 50% Stamp Duty Savings
- Woolworths Limited: ASX-giant with 1,112 stores nationally and market cap of $45.26b.
- Net Income: $944,215pa*
*Approx.
For Sale via Expressions of Interest closing 3pm (AEDT), Thursday 16 November 2023.
Investment highlights include:
- High performing standalone supermarket undergoing $9m tenant refurbishment
- Secured by an unrepeatable 24-year lease to Woolworths Group Limited
- Highly sought-after 'net' lease
- Ultra-rare fixed rental increase of 10% at first option, guaranteeing growth
- Full-line supermarket of 4,294sq m* with brand new Direct to Boot facility
- Substantial site area of 9,699sq m* with 159 car bays on title
- Percentage rent forecast during initial term
- Important 50% Stamp Duty Savings
- Woolworths Limited: ASX-giant with 1,112 stores nationally and market cap of $45.26b.
- Net Income: $944,215pa*
*Approx.
For Sale via Expressions of Interest closing 3pm (AEDT), Thursday 16 November 2023.
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Property ID: 504442576Last Updated: 29 Nov 2023
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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