Retail

SURF3 - Target Warrnambool

154 Koroit Street Warrnambool, VIC Australia 3280
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Tenure Type Freehold
Building Area
Land Area ()

Property Description

JLL Retail Investments is pleased to offer for sale Target Warrnambool, a high yielding investment with significant repositioning/development potential. The asset forms part of the ‘The Ultimate Convenience Retail Portfolio’ consisting of Moama Marketplace (NSW), Woolworths Woodford (QLD) and Target Warrnambool (VIC). 

Investment Highlights

Investment Highlights:

  • Prominent 7,089sqm landholding in the Warrnambool CBD
  • True value-add proposition through future releasing or repositioning strategies
  • Strategically located opposite a strong trading Coles Supermarket
  • 50% Stamp duty concession
  • Located in Warrnambool a significant regional town with a main trade area of 97,710
  • Estimated Fully Leased Net Operating Income of $1,456,198 p.a.


Target Warrnambool is for sale individually or ‘in-one-line’ by Expressions of Interest closing 4:00pm (AEST) Thursday 14th October 2021.


To receive further information or to arrange an inspection, please contact the exclusive selling agents below.


Stuart Taylor

0428 000 000


Tom Noonan

0402 319 698


Sam Hatcher

0409 899 691


Jacob Swan

0402 704 896


**Note all figures reflected above are reflected and should not solely be relied upon

Last Updated Date: 16 Sep 2021
Sam Hatcher
Sam Hatcher
Joint Head of Retail Investments - Australia
Stuart Taylor
Senior Director - Retail Investments VIC

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Last Updated Date: 16 Sep 2021

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