An Affordable and Irreplaceable Investment
10-20 Geum Street , Hadfield VIC
Property Highlights
Description
Impressive lease history, since 1979 with options to 2039
Woolworths Limited: ASX top 10 company and one of Australia’s most desirable tenants
Old fashion landlord friendly net lease, Woolworths pays outgoings including multiple holding land tax
Established and evolving growth location, only 16km from Melbourne CBD (9km from Melbourne Airport) and adjoining comprehensive shopping strip
Strong trading store (in percentage rent) with all usual departments including BWS Liquor
Well designed and maintained freestanding building of 2,101 sqm with 96 on-title car spaces
Prominent corner site of 5,569 sqm, extensive 162m dual street frontage
Substantial income tax saving depreciation benefits
Rent: $418,000 pa (est May 2017)
Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne
Property Details