For Sale
Generational Freestanding Coles Supermarket + Liquorland Located in Bayside Melbourne
Coles Hampton - 361-371 Bluff Road, Hampton VIC
Stonebridge Property Group is pleased to present for sale Coles Hampton, a rare opportunity to acquire a Bayside Melbourne freestanding supermarket on an irreplaceable Commercial 1 Zoned landholding.
The key highlights of the opportunity include:
- Generational freestanding Coles supermarket + Liquorland in Melbourne’s prestigious bayside suburb of Hampton
- Recently renewed 5-year NET lease to Coles with only one further term of 5 years providing exceptional medium-term development opportunities
- Significant 5,274 sqm* Commercial 1 Zoned landholding, the largest single site of its zoning in Hampton
- Highly favourable planning provisions with future scope for a 4-storey mixed use development^
- Ultra affluent catchment with median family incomes 70% higher than Victorian average^^ & a median house price of $2.15 million^^^
- Estimated net operating income of $463,787 p.a.*
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
^Urbis
^^ABS Census 2021
^^^REIV June Quarter 2023
*Approximately