Augustus Gelatery | Brand New 7 Year Lease | 'Position Perfect' Investment

Description

+Augustus Gelatery: Fast growing artisan Italian Gelato chain operating in 25 locations
+Brand new 7 year lease to April 2029 plus options to 2043
+Immaculately presented 100sqm shop with high quality tenant fitout plus alfresco on title
+Fixed 3% annual rent increases ensuring income growth
+Tenant pays all usual outgoings excluding land tax
+Unrivalled position central to Coles & Aldi anchored shopping centre, swim school and 3 child care centres
+100m from Epping North proposed train station and future Epping North Town Centre
+Brand new build provides significant tax saving depreciation benefits
+Epping: Booming Melbourne growth suburb, 60% forecast population growth by 2041
+Net Income: $40,000 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room

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

Epping, VIC

Shop 4/ 335 Harvest Home Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 154

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