Affordable Retail Investment

Description

Renewed lease to 2027 plus options to 2037.
Fixed 4% rent increases.
Lessee pays usual outgoings.
Impressive fit-out with indoor seating plus alfresco area.
Ideal corner retail position with exposure to busy Snyedes Road.
Reel Deal Fish ‘n’ Chippery: Successful operator having been in the industry for 30+ years.
Soho Village: Neighbourhood town centre development with medium density residential including 49 town-houses and 28 apartments.
Unrivalled ‘high-traffic’ community services and commercial ‘destination’ anchored by IGA Supermarket, restaurants, medical services, childcare centre, church with 300 seat auditorium and complementary retailers.
Strategically located Victorian growth suburb of Point Cook, one of Melbourne fastest growing residential corridors.
Significant tax saving depreciation benefits.
Wyndham City: one of the largest growth areas in Australia and expected to grow by a further 218,901 residents with 80.93% growth rate over the next 20 years.
Rent: $40,500 pa

Auction 11am AEDT Wednesday 27 February 2019
River Room, Crown Casino, Melbourne

Also available for sale:
Shop 3, 5-13 Adelphi Boulevard, Point Cook VIC

Shop 5, 5-13 Adelphi Boulevard, Point Cook VIC

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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
Zomart He Partner
0488 220 830
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Point Cook, VIC

Shop 1, 5-13 Adelphi Boulevard

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 126

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