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Coles Phillip Island, 114-122 Thompsons Avenue and 89 Church Street, Cowes VIC

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Coles Phillip Island, 114-122 Thompsons Avenue and 89 Church Street, Cowes VIC

Cowes

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Coles Phillip Island, 114-122 Thompsons Avenue and 89 Church Street, Cowes VIC

Cowes

Coles Phillip Island, 114-122 Thompsons Avenue and 89 Church Street, Cowes VIC

Coles Phillip Island, 114-122 Thompsons Avenue and 89 Church Street, Cowes VIC

Properties / Buy / Victoria / Cowes
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Closing Wednesday 5th March 2025 at 3pm (AEST)
Land Area
min - 9,555, max - 9,555 sqm (*approx)
Floor Area
3661 - 3661 sqm (*approx)
Property Type
Retail
Sub-type
Strip Retail, Shopping Centre, Mixed Use
Show All

2. Property Highlights

For Sale | Freestanding Coles Supermarket with extremely rare net lease paying percentage rent
  • 100% leased to Coles Supermarkets
  • Extremely rare net lease + percentage
  • Potential 50% stamp duty savings

JLL Retail Investments has the exclusive privilege of offering for sale Coles Phillip Island. An exceptional opportunity to acquire a strong performing freestanding Coles Supermarket strategically positioned in one of Victoria’s most prized coastal destinations.

 

Situated just 500m from the Cowes waterfront in one of Victoria’s most popular tourist destinations combined with favourable Commercial 1 Zoning (C1Z). The property benefits from secure income and long-term development potential.

 

Key details of the opportunity include:

 

+ 100% leased to Coles Supermarkets providing unrivalled income security

+ Ultra strong trading store already paying percentage rent

+ Extremely rare net lease with Coles paying all outgoings including land tax (SHB)

+ A substantial 9,555sqm* landholding with over 200m of prime retail frontage

+ Unparalleled future development potential with favourable Commercial 1 Zoning (C1Z)

+ Potential for 50% stamp duty savings

 

*Approx.

 

Coles Phillip Island is For Sale by Expressions of Interest closing Wednesday 5th March 2025 at 3pm (AEST)

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

 

Tom Noonan | 0402 319 698

Stuart Taylor | 0428 000 000

MingXuan Li 李名轩 | 0498 688 998

Read More
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Strip Retail, Shopping Centre, Mixed Use
Land Area
min - 9,555, max - 9,555 sqm (*approx)
Floor Area
3661 - 3661 sqm (*approx)
Selling Method
EOI
EOI Closing Date
5 Mar 2025 03:00PM
Selling Details
Closing Wednesday 5th March 2025 at 3pm (AEST)

2. Property Highlights

For Sale | Freestanding Coles Supermarket with extremely rare net lease paying percentage rent
  • 100% leased to Coles Supermarkets
  • Extremely rare net lease + percentage
  • Potential 50% stamp duty savings

JLL Retail Investments has the exclusive privilege of offering for sale Coles Phillip Island. An exceptional opportunity to acquire a strong performing freestanding Coles Supermarket strategically positioned in one of Victoria’s most prized coastal destinations.

 

Situated just 500m from the Cowes waterfront in one of Victoria’s most popular tourist destinations combined with favourable Commercial 1 Zoning (C1Z). The property benefits from secure income and long-term development potential.

 

Key details of the opportunity include:

 

+ 100% leased to Coles Supermarkets providing unrivalled income security

+ Ultra strong trading store already paying percentage rent

+ Extremely rare net lease with Coles paying all outgoings including land tax (SHB)

+ A substantial 9,555sqm* landholding with over 200m of prime retail frontage

+ Unparalleled future development potential with favourable Commercial 1 Zoning (C1Z)

+ Potential for 50% stamp duty savings

 

*Approx.

 

Coles Phillip Island is For Sale by Expressions of Interest closing Wednesday 5th March 2025 at 3pm (AEST)

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

 

Tom Noonan | 0402 319 698

Stuart Taylor | 0428 000 000

MingXuan Li 李名轩 | 0498 688 998

Read More
Tenanted Investment

3. Property Location

Coles Phillip Island, 114-122 Thompsons Avenue and 89 Church Street, Cowes VIC

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