Essential Service Grocer Investment – New 5 Year Lease to December 2026
11/220 Epping Road , Wollert VIC
Property Highlights
Description
+ Secure 5 Year lease to Feb 2026 plus option to 2031.
+Ceylon Hub: Asian Grocer strategically situated within rapidly growing Asian community.
+Fixed compounding 3% annual increases ensuring growth.
+Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+Single tenant, minimal management investment.
+Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One.
+Epping North: Melbourne’s northern growth corridor with an estimated 52% population growth by 2041.
+Net Income: $41,850 pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino – River Room
Property Details
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