Leading National Retailers, Prime Highway Retail Position

November 28, 2019 BY

1320 Howitt Street, Wendouree

Colliers InternationalAndrew Lewis 0418 508 908 and David Wright 0418 518 353

AUCTION Wednesday 11 December at 11am, River Room, Crown Casino, Melbourne

This property offers an outstanding opportunity to secure an A grade investment that is securely leased to Freedom Group of Companies. Occupied by 2 of their leading brands of retail operators, Snooze & Plush Furniture on 7-year leases.

This 10-year-old architecturally designed retail building has extensive glass showroom windows with on grade parking. Situated on a generous Commercial 1 Zoned allotment of 4,109sqm, the site is regular in shape with a total frontage of over 130m.

With a net rental of $417,490 pa. This is an opportunity not to be missed for the astute investor looking for a great return and a flexible building in a solid location, a non-hassle proposition.

Located with huge exposure to the busy retail precinct of Howitt Street, this investment is immediately south of Wendouree Village & next to Harvey Norman. With adjoining carparks & opposite Hungry Jacks this area is absolutely alive and buzzing.