Warragul

57 Hazel Drive, QLD

Property Description

The property is a large format retail centre consisting of a Bunnings Warehouse, Kmart along with seven large format retail stores. The site is located in the regional town of Warragul approximately 94 kilometres to the south east of the Melbourne central business district and 1.8 kilometres to the east of the Warragul town centre. The surrounding area includes a mixture of farming to the south east, industrial property to the west and residential dwellings to the north. The property was acquired as part of a portfolio acquisition in the first half of the 2024 calendar year.

Land area

57,050m²

The total GLA/retail area

25,430m²

Total Property Cost

$63,000,000

Current valuation

$60,600,000

Annual Rent

$3,812,921

Property Location

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