SOLD
20-22 Gell Street, Bacchus Marsh, VIC 3340
Brand New 15 Year Net Lease to Coles Express
New 15 year lease to 2031 plus 15 + 10 year options to 2056.
Coles Express: A growing subsidiary of Coles Group Limited with 662+ outlets. Wholly owned by Wesfarmers Limited an ASX top 10 Company.
Attractive fixed annual 3.5% rental increases.
Lessee pays all usual outgoings including land tax.
High profile 1,503 sqm CBD site, next to The Village: Bacchus Marsh Shopping Centre anchored by Coles, Aldi, Target, Reject Shop plus 43 specialty shops and 672 car spaces.
Significant taxation depreciation benefits.
Bacchus Marsh: boom satellite suburb only 11 kms from metropolitan Melbourne, within Moorabool Shire experiencing major population growth, forecast to reach 53,270 by 2041.
Rent: $240,000 pa.
Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne
Coles Express: A growing subsidiary of Coles Group Limited with 662+ outlets. Wholly owned by Wesfarmers Limited an ASX top 10 Company.
Attractive fixed annual 3.5% rental increases.
Lessee pays all usual outgoings including land tax.
High profile 1,503 sqm CBD site, next to The Village: Bacchus Marsh Shopping Centre anchored by Coles, Aldi, Target, Reject Shop plus 43 specialty shops and 672 car spaces.
Significant taxation depreciation benefits.
Bacchus Marsh: boom satellite suburb only 11 kms from metropolitan Melbourne, within Moorabool Shire experiencing major population growth, forecast to reach 53,270 by 2041.
Rent: $240,000 pa.
Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne
Property Info
Municipality
Bacchus Marsh
AUCTION
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Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
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NEARBY PROPERTIES
Jamie Perlinger
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