Secure 5 Year Lease Plus Options to 2033
Description
Secure 5 year lease to 2023 plus options to 2033
Fixed 4% increases assuring growth
Tenant pays all usual outgoings as per the lease
Strategic ground floor retail within established complex which includes Beaurepaires, Ultra Tune, National Tiles plus first level office and 105 shared car spaces on-site
Immaculate 460 sqm showroom with 12 metre frontage to McDonalds Road and rear RSD access
Important allocation of 4 on-site car spaces
Opposite brand new Toyota and Mazda dealerships and close to Axis Lifestyle Centre anchored by Spotlight
McDonalds Road: busy thoroughfare connecting Plenty Road to Westfield’s Plenty Valley Shopping Centre – 15,000+ vehicles daily
South Morang: strategic metro location 24 kms north of Melbourne CBD
Rent: $88,400 pa
Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne
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South Morang, VIC
Lot 4, 545 McDonalds Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 128