5 year lease to May 2022 plus 2 x 5 year options to 2032.
Fixed 3% rent increases.
Tenant pays all usual outgoings.
Modern 116 sqm premises constructed 2017 consists of 2 shops on 2 titles with combined 16 metre retail frontage.
Abundant parking at the shop front.
High traffic location directly opposite the Woolworths anchored Avenue Village Shopping Centre and supported by destination retailers including Chemist Warehouse, BWS and medical and dental clinics.
Single tenant minimum management investment.
City of Casey: 2016 population of 299,301 and forecast to increase to 534,970 by 2041.
Rent: $59,794 pa + GST

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne