New 10 year lease to Carl’s Jr
15 Dalton Road, Thomastown VIC
Property Highlights
Description
+ Fresh Ten (10) Year lease plus options through to 2045
+ Investor preferred net lease terms with tenant paying all usual outgoings as per the lease
+ Fixed compounding 3% annual increases, assuring rental growth
+ Prime 2,605sqm site with 59 metre frontage
+ Exposure to 55,000 vehicles passing daily along Dalton Road
+ Brand new 371sqm building, dual lane drive-thru constructed 2020
+ Position perfect, adjoining Bunnings Warehouse and surrounded by leading retailers
+ Thomastown, thriving metro location, 14kms* north of Melbourne CBD
+ Thomastown, situated in Whittlesea Council, one of the fastest growth regions of Victoria, forecast 21% population growth to 2036
+ Significant taxation depreciation savings
+ Carl’s Jr: 3,800 Stores globally, 25 stores in Australia and growing
+ One of the best performing Carl’s Jr stores in Australia
+ Net Income: $295,860 pa + GST approx
Auction Wednesday 31 March 2021 at 10.30am (AEDT)
River Room, Crown Casino, Melbourne
Property Details