Prime Retail in the Heart of Werribee !!
Westside Realty Group proudly presents 122 Watton Street, Werribee a rare chance to secure a property in one of the most tightly held pockets of the Werribee CBD. Positioned on the vibrant Watton Street retail strip, this property enjoys excellent exposure, strong passing foot traffic, and unbeatable proximity to key amenities, transport, and parking.
Boasting a generous 179sqm of building area*, the premises are currently leased to a well-established Indian restaurant with a loyal customer base. The property benefits from a large public car park directly opposite, enhancing convenience for both patrons and staff. Strategically located within the Activity Centre Zone (ACZ), this property offers strong long-term potential for retail, hospitality, and mixed-use development (subject to council approval).
With a secure lease in place and consistent rental growth, this property is an ideal choice for investors seeking a stable, low-maintenance asset in a major growth corridor.
Property Features
* Prominent position in Werribee’s busiest retail and dining strip
* Generous 179sqm* of building area
* Excellent exposure and visibility to Watton Street
* Ample public parking directly opposite
* Quality hospitality fit-out with modern amenities
* Walking distance to Werribee Train Station and major retailers
Lease Summary
* Tenant: Established Indian Restaurant
* Lease Term: 5 years from August 2022, expiring August 2027
* Options: 2 further terms of 5 years each
* Current Rent: $62,583.35 per annum + GST
* Increases: 4% annually, with market review in August 2027
Investment Overview
* Secure income stream from long-standing tenant
* Fixed annual rental growth ensuring income stability
* Located within one of Victoria’s fastest-growing municipalities
122 Watton Street, Werribee stands out as a strong, future-proof investment combining location, exposure, and income security – the ideal addition to any commercial portfolio.
To arrange an inspection or for further information, please contact Malkeet Gill at 0470 264 971 OR Suman Joon at 0413 902 205.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agents. The information contained herein has been obtained through sources deemed reliable by Westside Realty Group; however, its accuracy cannot be guaranteed. We recommend that buyers obtain independent verification of any information that is of special interest. Photos are for illustration purposes.
