Secure Lease to ASX Listed Tenant
1/1866 Princes Highway , CLAYTON VIC
Property Highlights
Description
Secure 10 year lease to 2020 plus option to 2024.
Fixed 4% increases.
1,240 sqm premises.
Autobarn: A subsidiary of Burson Group Limited with 416 auto outlets Australia Wide.
Monash Central Square: Established centre including Autobarn, Petbarn, Fernwood, AMF Bowling and Nandos.
Princes Highway frontage of 200+ metres.
Important 180 car spaces on title.
Strategic south east Melbourne retail precinct.
Amongst IKEA, Coles, Bunnings, Dan Murphys Harvey Norman etc.
Directly opposite The Nova Centre development – proposed Woolworths / 629 room hotel.
City of Monash: Thriving inner city area serviced by a retail trade catchment forecast to grow to 1.3 million residents by 2035.
Lessee pays usual outgoings as per the lease.
Rent: $250,232 pa ($201 sqm).
Auction 11am AEDT Wednesday 24 February.
River Room, Crown Casino Melbourne.
Property Details