High Exposure Investment Leased to Leading Automotive retailer Jaycar
225 Sherbourne Road, Eltham VIC
Secure 5 year lease to 2026 plus options to 2036
Landlord favourable, net lease terms with tenant paying all usual outgoings.
Annual, fixed compounding 2.5% annual rent increases
Jaycar: A leading electronics retail company with over 110 stores and 1000 staff members across Australia and New Zealand.*
Impressive 480sqm (inclusive mezz) retail/showroom, recently refurbished and upgraded to the tenants most current corporate layout
High exposure and easy access to Sherbourne Road, a major arterial carrying 28,560 vehicles per day.**
Integrated with Bob Jane, 7-Eleven and Hungry Jack’s with drive thru providing excellent exposure and passing traffic.
Conveniently situated within Eltham’s central shopping district, anchored by a multitude of high-profile tenants including Bunnings, McDonald’s, KFC, Repco, Bursons Auto Parts and Petbarn.
Located 1km away from the Eltham Village Shopping Centre, a single supermarket and DDS Shopping Centre anchored by Coles, Chemist Warehouse and Liquorland – Boasts a 3-level car park and over 20 specialty stores.
Surrounded by important social infrastructure, including 12 schools within 2 km servicing a combined 4,114 students.**
Eltham (Central) has the highest rate of population growth within the Local Government Area (33% increase by 2036).***
Estimated Net Rent: $138,625 pa.
To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.