Brand New 10 + 10 Year Net Lease - Strategically Positioned Indian Grocer

Description

+ Desi Point: Indian Grocer strategically positioned opposite Coles and ALDI Supermarkets.
+ Brand new 10 year lease to June 2032 plus option to 2042.
+ Landlord-favourable net lease structure, with tenant paying all usual outgoings.
+ Fixed 3% annual rent increases, ensuring capital appreciation.
+ Immaculately presented 161sqm premises with dual retail entry and high-quality tenant fit out.
+ Unrivalled position central to Aurora Village Shopping Centre, swim school and 3 childcare centres.
+ 100m from Epping North proposed train station and future Epping North Town Centre.
+ Brand new build provides significant tax saving depreciation benefits.
+ Single tenant investment – minimum management investment.
+ Epping: booming growth suburb 18km North of Melbourne CBD with population forecast to grow 47% by 2041.
+ Net Income: $96,600 pa + GST

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

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Contact agents
Shaun Venables Partner
0411 860 865
Justin Kramersh Senior Sales Associate
0460 349 605
Zomart He Partner
0488 220 830
Enquiry Form

Epping, VIC

5&6/ 335 Harvest Home Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 155

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