New 6 + 6 + 6 Year Lease Through to 2039 – Opening February 2021
1/247 Esplanade, Lakes Entrance VIC
Property Highlights
Brand New 6 Yr Lease + Options to 2039
Fixed 3% Increases - assuring growth
50% stamp duty concession
Description
**50% Stamp Duty Concession**
+ Brand new 6 year lease to 2027 plus 6 + 6 year options to 2039
+ Net lease with tenant paying all usual outgoings
+ Re/Max: more than 7,000 offices globally and 120,000+ employees
+ Fixed 3% annual increases – assuring rental growth
+ Prime retail premises opposite Ferrymans Cafe. close to NAB, KFC and Australia Post
+ Lakes Entrance: year round tourist mecca, trade catchment circa 5,000 swelling to circa 25,000 over summer
+ Net Income: $30,000 pa + GST
For Sale by Portfolio Auction
11:00am (AEDT) Wednesday 24 February 2021
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
100 SQM
Building Area
100 SQM