Coles Cowes, 114-122 Thompson Avenue, Cowes, Vic 3922
Retail
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Contact Agents
Published on: 04 Feb 2025
Last updated on: 16 Mar 2025
Property ID: 504780512
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Key property information
Land Size
9,555.00 m2
Floor Area
3,661.00 m2
Tenure Type
tenanted
Freestanding Coles Supermarket with extremely rare net lease paying percentage rent
Coles Cowes, 114-122 Thompson Avenue, Cowes, Vic 3922
JLL Retail Investments has the exclusive privilege of offering for sale Coles Phillip Island. An exceptional opportunity to acquire a strong performing freestanding Coles Supermarket strategically positioned in one of Victoria’s most prized coastal destinations. Situated just 500m from the Cowes waterfront in one of Victoria’s most popular tourist destinations combined with favourable Commercial 1 Zoning (C1Z). The property benefits from secure income and long-term development potential. Key details of the opportunity include: + 100% leased to Coles Supermarkets providing unrivalled income security + Ultra strong trading store already paying percentage rent + Extremely rare net lease with Coles paying all outgoings including land tax (SHB) + A substantial 9,555sqm* landholding with over 200m of prime retail frontage + Unparalleled future development potential with favourable Commercial 1 Zoning (C1Z) + Potential for 50% stamp duty savings *Approx To obtain further information or to arrange an inspection, please contact the exclusive selling agents. Tom Noonan | 0402 319 698 Stuart Taylor | 0428 000 000 MingXuan Li 李名轩 | 0498 688 998 100% leased to Coles Supermarkets Extremely rare net lease + percentage rent Potential 50% stamp duty savings
Property Details
Basic Info
Basic Info
Property Type
Retail
Listing Status
On Market
Land Size
9,555.00 m2
Address
Coles Cowes, 114-122 Thompson Avenue, Cowes, Vic 3922
Contact Agent
Email enquiry to JLL - Melbourne
Level 33, 101 Collins Street, Melbourne, Vic 3000
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Property ID: 504780512
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