Prized Supermarket Investment | New 10 Year Net Lease 2033

Description

Burgess Rawson is delighted to offer to the market the Dee Ann’s Supermarket at Shop 4, 223 Bridge Road, Cobblebank VIC for sale via Private Treaty
The property has the following investment highlights:

+ Long 10-year lease to March 2033 plus option to 2038
+ Landlord preferred, net lease terms with tenants paying all usual outgoings
+ Fixed compounding 3% annual increases
+ Dee Ann’s Supermarket: New and exciting supermarket strategically positioned within the Atherstone Estate (4,500 lots*) to cater for a growing community.
+ Brand new build providing significant tax saving depreciation benefits
+Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
+Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department and will create more than 700 – 1,700 direct and indirect jobs during construciton.
+ City of Melton: Booming Melbourne growth suburb, 98% forecast population growth by 2051
+ Net income: $120,000 pa + GST

To be sold via Private Treaty

To arrange an inspection, or for more information, please contact the exclusive selling agents:

SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au

DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au

JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au

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Contact agents
Shaun Venables Partner
0411 860 865
David Napoleone Senior Sales Executive
0417 308 067
Justin Kramersh Senior Sales Associate
0460 349 605
Enquiry Form

Cobblebank, VIC

5/ 223 Bridge Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 161

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