Stonebridge is proud to present for sale Woolworths Cootamundra, a dominant freestanding supermarket and BWS, featuring a landlord favourable lease and is currently generating turnover rent. The asset is the only full-line supermarket within a 50 kilometre radius, underpinning the strong performance of the supermarket. The key investment highlights include: - High performing supermarket with growth provisions: $25k increase in base rent every 5 years^ and currently paying percentage rent - Income security: 100% leased to ASX-listed Woolworths Group on a 12-year favourable lease with a very low occupancy cost of only 2.4%* p.a. - Dominant supermarket offering: The only major supermarket in town and the only full-line freestanding supermarket within a 50km radius - Large town centre landholding: 8,167 sqm* of mixed-use zoned^^ land with a 52m* frontage to Parker Street - Highly accessible car parking: 110* at-grade car spaces with shade sails with multiple ingress/egress points - Below replacement cost: Build costs likely exceed investment value, minimising future competition due to significantly high barriers to entry - Estimated net income: $1,051,365 per annum* as at 1-Feb-25 Woolworths Cootamundra is available for sale via Expressions of Interest closing Thursday 13th March 2025 at 4pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents. Philip Gartland | +61 403 582 324 | [email protected] Justin Dowers | +61 438 098 805 | [email protected] Alex James-Elliott | +61 439 032 028 | [email protected] * Approximate ^The next base rent increase is in Jul-26 ^^E2 Commercial Centre zoned land under provisions of the Cootamundra Shire Council LEP 2013 Property Code: 1172
Email enquiry to Stonebridge Property Group - Sydney
Property ID: 504786976