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
Do you own a similar property?
Enquire
Contact agents
Zomart He Partner
0488 220 830Shaun Venables Partner
0411 860 865Beau Coulter Partner
0413 839 898Justin Kramersh Senior Sales Associate
0460 349 605Enquiry Form
Wollert, VIC
37 Baltrum Drive
- Sold Price: Contact Agent
This property was sold as part of Portfolio 147
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