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Thriving IGA Supermarket Plus Liquor Investment | 10 Year Lease Plus Options to 2052

10 & 11/115 Anzac Avenue , Seymour VIC

Property Highlights

Renewed 10 year lease to Nov 2027
Annual CPI rent reviews
Tenant pays all usual outgoings
Register to Bid

Description

Burgess Rawson is pleased to offer to the market, O’Keefe’s IGA Supermarket Plus Liquor, Seymour VIC for sale via Investment Portfolio Auction 157.

The property has the following investment highlights:

+ Renewed 10-year lease to November 2027 plus options to 2052.
+ O’Keefe’s IGA Supermarket Plus Liquor: proven operator with 22 stores across Victoria.
+ Favourable annual CPI rent reviews.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ 658sqm* supermarket incorporating liquor with recent tenant funded upgrade.
+ Situated in 100% occupied neighbourhood centre with direct access to 95 car parks.
+ Strategically positioned in established residential area between Seymour College and Seymour Sports & Aquatic Centre.
+ Potential 50% stamp duty savings.
+ Seymour: booming commuter centre only 1hr from Melbourne with population forecast to grow 77% by 2041.
+ $83,240pa + GST (as at 1 December 2022)

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 7th December 2022
Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Supermarket
Land Size
658 SQM
Building Area
658 SQM

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