Clean Commercial Investment Starter – 7 + 7 Year Net Lease
3/220 Epping Road, Wollert VIC
Property Highlights
Description
+ Seven (7) year lease to March 2025 plus Seven (7) year option to 2032.
+ Generous 4% fixed annual rent increases assuring growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings.
+ As new 80sqm laundromat constructed in 2018 with dual frontage and customer entry points – Significant depreciation benefits on offer.
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations, Burger Edge and Dental One.
+ Wollert: within Melbourne’s fast growing northern growth corridor with estimated 52% population growth by 2041.
+ Net Income: $40,045pa + 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
Property Details
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