71 The Esplanade, Paynesville

1,322m² Land
1044m² Floor Area
Price Undisclosed
Sold on 22nd May 2017
Property Type: Retail

RARE AFFORDABLE SUPERMARKET FREEHOLD

Secure 5 year lease to October 2020, plus options to 2035
Lessee pays all usual outgoings as per lease
Substantial 1,322 sqm Commercial 1 site with dual frontage of 26 metres
Modern 1,044 sqm building including liqour, deli, ATM
Prime waterfront location opposite popular tourist marina, ferry, Fisherman's Wharf etc
Central amongst banks, pharmacy, bakery, newsagent and hotel
Potential long term redevelopment, retail and apartments STCA
Foodworks: Australia's largest truly independent supermarket group supporting $2 billion in annual sales throughout 650 store
Paynesville / Metung : Gippsland Lakes tourist mecca on Lake Victoria with local trade catchment circa 6,000, plus significant year round holiday influx
Rent: $110,927 PA
Auction: 11am AEST Wednesday 17th May 2017
River Room, Crown Casino, Melbourne
In conjunction with Burgess & Rawson - contact: Alex Shum



Suburb Profile

Paynesville

Paynesville VIC 3880

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Suburb Profile

Paynesville

Paynesville VIC 3880

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