Ritchies Supa IGA Yarra Glen - Realestate.com.au

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107-115 Manningham Street, Parkville Ritchies IGA, Yarra Glen Artists Impression St Helena Marketplace, VIC Description: Sale Price: Sale Date: Equivalent Market Yield: A single level, fully enclosed neighbourhood centre, comprising a strong performing Safeway, 13 specialty shops and 3 ATMS $24,500,000 Dec-08 7.33% Artists Impression
107-115 Manningham Street, Parkville Ritchies IGA, Yarra Glen 5 Tenant Details Lease Details Artists Impression Lessee: Ritchies Supa Stores Pty Ltd Guarantee: Metcash Trading Limited Lease Term: 20 years Further Terms: Two further terms of (Ten) 10 years each Lease Commencement: 8 th December 2008 Base Rental: $594,780 per annum plus GST approx. Review Dates Average Review Dates Initial Lease Term: At the start of the 4 th , 7 th , 10 th , 13 th & 16 th lease year Artists Impression Further Lease Term(s): At the start of the 4 th & 7 th lease year N.B: Average Review is the average of the Total Base Rent & Turnover Rent in the previous 3 years Market Review Date At the commencement of each further term: 8 th December 2028 8 th December 2038 Turnover/Percentage Rent 2.5% of sales; that exceeds the Base Rent Outgoings Payable by the Lessee The Lessee is responsible for 70% of the total variable outgoings pertaining to the Centre, excluding LAND TAX & management costs. A copy of the Lease will be available upon request.
Page 1 and 2: Ritchies Supa IGA Yarra Glen Inform
Page 3 and 4: 107-115 Manningham Street, Parkvill
Page 11: 107-115 Manningham Street, Parkvill
Page 19 and 20: APPENDIX I DEPRECIATION SCHEDULE
Page 21 and 22: IGA, 38 - 40 Bell St Yarra Glen, VI

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