High Profile Fast Food with Drive Thru – 10 Year Net lease – Fixed Rent Increases
2/220 Epping Road, Wollert VIC
+ Long Ten (10) year lease to 2029 plus options to 2039.
+ Burger Edge: established fast food chain restaurant with locations across VIC, NSW & WA.
+ Generous 3% fixed annual rent increases allowing for growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ As new 119sqm restaurant constructed in 2018 including drive thru – Significant depreciation benefits on offer.
+ Prominent corner site with triple frontage and exposure
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One.
+ Wollert: within Melbourne’s fast growing northern growth corridor with estimated 52% population growth by 2041.
+ Net Income: $116,699 pa + GST
Auction Wednesday 23 June
River Room, Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane