OzDesign, 269 Old Geelong Road, Hoppers Crossing, VIC, 3029

Gross Waddell ICR is pleased to offer this prominent large format retail investment located within the ever-popular Wyndham Homemaker Centre, a part of one of Victoria’s most popular large format retail destinations. Securely leased to OzDesign, the showroom is surrounded by Australia’s biggest brands and benefits from over 32,000^ cars passing daily.

• Securely leased to OzDesign on a 7-year lease to 2027 plus options to 2041

• OzDesign is a market leading national furniture giant with over 40 stores throughout Australia

• Significant income profile generating $304,172* net pa (after single holding land tax)

• Compounding CPI annual rent increases ensuring rental growth - next increase July 2025

• Immaculately presented 1,420 sqm* showroom with rear RSD access, mezzanine office and ample surrounding carparking

• Proven LFR destination with a plethora of nationally recognised brands adjoining including Bunnings, Officeworks, Mitre 10, Forty Winks, JB Hi-Fi, BCF plus many more

• Located within Wyndham City Council, is one of Australia's fastest growing and culturally diverse municipalities with a population forecast to increase 65% to exceed 463,661 (forecast.id.com.au)

The property is for sale via a Expressions of Interest campaign closing Wednesday the 11th of December 2024 at 3 pm. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.

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