Property Description

Powerhouse Freestanding Metro Melbourne Woolworths Supermarket

EOI CLOSED

Stonebridge Property Group and Fitzroys are delighted to present for sale a 100% freehold interest in Woolworths Eltham, a generational supermarket in a prized Melbourne metropolitan location.

The key highlights of the opportunity include:

• Powerhouse 3,744 sqm* freestanding full-line Woolworths supermarket, recently refurbished
• Affluent Melbourne metro location, 20km* north-east of the CBD
• Prime triple-fronted site in the heart of the Eltham retail precinct and metres away from Eltham train station
• Exceptionally strong performing supermarket consistently trading in excess of turnover rent threshold
• High car parking provision for 284 vehicles* over two levels (7.6 cars per 100 sqm of GLAR)
• Large main trade area of 56,090 people (2021) comprising a predominately family demographic
• Estimated net income of $1,166,000 pa *

Woolworths Eltham is offered for sale via Expressions of Interest closing 24th March 2022 at 4.00pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Fitzroys and Stonebridge Property Group.

• Approximate