Irreplaceable Corner, High Profile Investment
Description
New 7 year lease to 2026 plus 7 year option.
Fixed 4% rent increases ensuring rental growth.
Tenant pays usual outgoings.
Newly constructed 144sqm premises with capital intensive fit-out plus alfresco dining on-title.
Prime corner position & exposure with main road frontages to recently duplicated Leakes and Forsyth Roads.
Kasba Indian Restaurant: popular and highly rated with loyal local customer base.
Excellent tax saving depreciation benefits.
Major western growth corridor with municipality population of 270,478 (2019).
Net Income: $75,400 pa + GST
Open For Inspection every Wednesday 4.00-4.30pm
Must register attendance with agent.
Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC
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Contact agents
Shaun Venables Partner
0411 860 865Zomart He Partner
0488 220 830Enquiry Form
Truganina, VIC
Lot 2 451 Leakes Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 134