Prime Location - Blue Chip Suburb - Longstanding Tenant

Description

6 year lease to August 2020 – No options.
Repco: Australia’s leading provider of automotive after-market parts and accessories with 400 stores across the country and New Zealand.
Longstanding tenant, trading from site for over 20 years.
Prime 876 sqm landholding with corner exposure and 23 metre retail frontage to Centre Road, carrying 22,000+ vehicles daily.
Outstanding location opposite a new Bunnings and amongst a multitude of complementary automotive tenants.
Well presented 690sqm building with high clearance, side RSD access and ample parking on-title.
Annual rent reviews/Tenant pays usual outgoings.
Springvale: highly sought-after and established commercial/residential location 20km south-east of Melbourne’s CBD.
Rent: $88,882 pa.

Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne

Jamie Perlinger
0413 860 315
jperlinger@burgessrawson.com.au

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Beau Coulter Partner
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Springvale, VIC

1660 Centre Road

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This property was sold as part of Portfolio 118

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