High Traffic Drive Thru Café Investment | Net Lease to 2025 + Option
240 Epping Road , Wollert VIC
Property Highlights
Description
+5 year net lease to 2025 plus option to 2030
+Latte Road: Drive thru café, strategically situated on the ‘CBD bound’ side of busy Epping Road within ever expanding residential precinct
+Landlord favourable, net lease terms with tenant paying all outgoings
+Annual fixed compounding 3% rent increases ensuring rental growth
+High traffic & exposure location with dual frontage and drive thru
+Modern construction and high quality tenant fit-out with great exposure and frontage from Epping Rd
+Single tenant minimum management investment
+Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One, Wellbeing Chiropractic and more
+Epping North: Melbourne’s northern growth corridor with an estimated 52% population growth by 2041
+Net Income: $47,740 pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room
Property Details
Contact Agents