Mornington Peninsula Set & Forget Investment

Description

+ Brand new 15 year Lease to December 2034 plus options to 2054
+ Tenant pays all outgoings including Building Insurance & Land Tax
+ Annual CPI Rent Reviews
+ Important brand new improvements including high clearance canopy to allow large vehicles watercraft refuelling and extensive convenience store
+ Significant taxation saving depreciation benefits – building completion late 2019
+ Surrounded by accommodation providers, caravan parks and foreshore campaign directly opposite
+ Gateway to Rosebud retail centre including Rosebud Beach Shopping Centre, Rosebud Plaza & ALDI amongst many others.
+ High exposure corner site, zoned Commercial 1 with triple street frontage totalling over 100 metres
+ Single tenant, minimum management investment
+ Net Income: $420,000 pa + GST

For Sale by Auction
11am AEDT Wednesday 1 April
Crown Casino, Melbourne VIC

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Jamie Perlinger Head of Agency | Partner
0413 860 315
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Rosebud, VIC

803 Point Nepean Road (Nepean Highway)

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 135

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