Renewed 5 Year Lease - Liquor Store Since 1987

Description

Renewed 5 year lease to November 2021, plus options through to 2031
Thirsty Camel: recognised liquor brand with 375 stores nationally
Well established and proven tenant with long term hospitality background
Annual rent reviews
Lessee pays all usual outgoings as per the lease
Two shops on two titles comprising 88sqm building area
Dual retail frontage and exposure of 11 metres to 150 car spaces
Central within Woolworths anchored shopping centre (recent $6m refurbishment) including Amcal Pharmacy, Westpac and next to Bakers Delight
Rye: gateway to popular Portsea/Sorrento Mornington Peninsula region – high-end bayside holiday destination
Rent: $32,297 pa est (Nov 2017 – CPI adjustment)

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Raoul Holderhead Partner
0413 860 304
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Rye, VIC

Shops 5 & 6, 2185 Point Nepean Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 116

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