+ Lash and Beauty Port: experienced and successful operator in 2 locations across Melbourne northern growth corridor.
+ New 7 year lease to April 2029 with one further 7 year option to 2036.
+ Landlord-favourable net lease structure, with tenant paying all usual outgoings.
+ Guaranteed rental growth with rare 4% rent increases compounding annually.
+ Recently constructed premises in the heart of a brand new retail and commercial precinct.
+ Strategic position amongst destinational tenants including Coles, ALDI and Hungry Jack’s.
+ 100m from Epping North proposed train station and future Epping North Town Centre
+ Recently completed build offering substantial tax saving depreciation benefits.
+ Single tenant operation – minimum management investment.
+ Epping: strategic Melbourne growth suburb with 47% forecast population growth by 2041.
+ Net Income: $34,000 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 14 September 2022
Crown Casino – River Room