Brand New 10 Year Lease to 2033 | Statewide & Growing Laundromat Chain

Burgess Rawson is delighted to offer to the market the Clean Streak Laundry investment at 2 Adakite Drive (Shop 3), Berwick VIC for sale via Investment Portfolio Auction 167.

The property has the following investment highlights:

+ Long 10 year net lease to November 2033 plus option to 2038.
+ Clean Streak Laundry: Successful laundromat chain with 6 Victorian locations and operating 6am-1am 7 days a week.
+ Brand new 64sqm* retail shop, high-profile corner location neighbouring IGA Supermarket, Direct Chemist Outlet, Bluebird Early Education and more.
+ Landlord preferred, net lease terms with tenants paying all usual outgoings.
+ Fixed compounding 4% annual increases.
+ Single tenant, minimum management investment.
+ Strategically positioned within the Alira Village Town Centre, neighbouring the Alira Berwick and Northern Wetlands residential estates.
+ New construction providing maximum tax saving depreciation benefits.
+ Position perfect: central to Berwick Station and Heritage College.
+ City of Casey, Melbourne’s major south-east growth LGA, with population forecast to increase 45% to 574,124 by 2046.**
+ Net Income: $42,900 pa* + GST.

To be sold by Investment Portfolio Auction 167
10:30am AEDT Wednesday 27 March 2024
Crown Casino, Melbourne

SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au

DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au

ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au

Bidder registration required, register here.

Please contact the exclusively appointed sales team for more information.

*approx
**forecast.id