Positioned on Woolworths Doorstep – Secure Entry Level Investment
1B/38 Craigieburn Road, Craigieburn VIC
Property Highlights
Description
+ Secure Five (5) year lease to November 2022 plus options to November 2032
+ Pizza 1B: Experienced operators, with a combined 40+ years in the food industry
+ Generous fixed 3% annual rent increases assuring growth
+ Well presented 65sqm pizzeria with direct access to 300+ shared car parks
+ Prime retail position located metres from Woolworths entrance
+ Secure ‘entry level’ investment opportunity
+ Located within Craigieburn Plaza amongst Woolworths, Shell/Viva, Woolworths Caltex, Cash Converters, TAB & Bottle-O
+ Craigieburn: Situated in Melbourne’s northern growth corridor with estimated 54% population growth by 2041
+ Net Income: $42,677 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021
Property Details
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