Brand New 5 Year Lease – A Sale Institution for Over 60 Years
34-38 Princes Highway , Sale VIC
+Brand new Five (5) year lease to 2027 plus options to 2032.
+Grow Master: long established and successful garden centre, homewares and gift store.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Generous fixed 3% annual rent increases assuring growth.
+Well presented improvements totalling 940sqm* plus sealed and lined customer parking.
+Significant 6,177sqm* site with important 40 metre* highway frontage.
+Sale: numerous economic drivers and a trade catchment exceeding 32,000.
+Net Income: $120,000pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino – River Room