New 10 Year Lease to 2031 Strategically Situated in Growing Indian Community

Description

+ Secure 10 year lease to Feb 2031 plus options to 2041.
+ Large 156 sqm premises with dual retail frontage and high exposure.
+ Everest Grocer: Indian grocer strategically situated in one of Melbourne’s most densely populated Indian communities.
+ Fixed compounding 3% annual increases ensuring growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One.
+ Epping North: Melbourne’s northern growth corridor with an estimated 52% population growth by 2041.
+ Net Income: $53,040 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021

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Contact agents
Zomart He Partner
0488 220 830
Shaun Venables Partner
0411 860 865
Beau Coulter Partner
0413 839 898
Justin Kramersh Senior Sales Associate
0460 349 605
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Wollert, VIC

37 Baltrum Drive

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 147

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