OFF MARKET

335 Princes Highway
Traralgon East VIC 3844

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 14155m2
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Property Details for 335 Princes Hwy, Traralgon East

Building Type
Commercial
Land Size
14155m2
Local Government
Latrobe
Lot/Plan
1/PS749432

Last Listing description (December 2021)

+ Secure 10 year lease plus options through to 2049
+ Huge 14,330sqm 'Golden Mile' Princess Hwy site
+ Annual 3% increases assuring rental growth

+ Market review at Options with cap and collar
+ Amart Furniture: 67 stores and growing, owned by Quadrant Private Equity
+ Quadrant Private Equity: established 1996, raised $7 billion across 12 funds since inception - including retail, healthcare, media, consumer foods, financial services, eCommerce and other sectors
+ Huge 14,300sqm sqm site with 129 metre Hwy frontage
+ 23,000+ vehicles passing daily
+ Combined 5,954sqm building plus canopies totally rebuilt and extended in 2019 for Amart to their latest marquee design
+ Important 179 on site car spaces
+ Ideal position on Traralgon's 'Golden Mile' amongst McDonalds, Bunnings, Spotlight, Officeworks. Aldi, Harvey Norman
+ Includes second commercial tenant on 2 year lease plus option
+ Significant taxation depreciation saving
+ Traralgon: retail and commercial capital of the Latrobe Valley, trade catchment circa 75,000 and growing
+ Rent: $934,187pa

For Sale by Expression of Interest
Closing 3pm (AEDT) Thursday 25 November 2021

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Property History for 335 Princes Hwy, Traralgon East, VIC 3844

A timeline of how this property has performed in the market
  • 08 Oct 2021
    Listed for Sale Price on Request

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