An Opportunity of Exceptional Income Security, Rental Growth and Future Flexibility
Stonebridge is pleased to exclusively present for sale the Ex-Masters in Sunbury, an exceptionally rare opportunity to acquire a major investment fully leased to Home Investments Consortium Company Pty Ltd with strong future repositioning potential.
The key highlights of the opportunity include:
- Ex-Masters Home Improvement fully leased to Home Consortium Company Pty Ltd (ASX listed company guarantee)
- Secure and growing income, 9.5-year WALE with lesser of CPI and fixed 3.5% annual increases
- Highly flexible floorplate, spread over a GLAR of 13,645 sqm* creating future flexibility
- Expansive and high exposure 3.631-hectare* corner site on the main arterial into Sunbury and opposite a shopping centre
- Sunbury is expected to experience 4.04% p.a. population growth^ and is undersupplied by large format retail uses
- Excellent future reconfiguration/repositioning potential with uses including LFR, car dealerships and self-storage
- Estimated net operating income of $2,320,000 p.a.*
Ex-Masters in Sunbury is For Sale via Public Expressions of Interest closing Thursday 28th November at 5pm (AEDT)
To obtain further information or to arrange an inspection, please contact the exclusive selling agents
Justin Dowers
0438 098 805
Kevin Tong ???
0422 848 818
*Approximately
^Forecast .id
Property Code: 1114