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Prized Supermarket Investment | New 10 Year Net Lease 2033

4/223 Bridge Road , Cobblebank VIC

Property Highlights

Long 10 year net lease to 2033
Fixed compounding 3% increases
New build with depreciation benefits
Register to Bid

Description

Burgess Rawson is delighted to offer to the market the Dee Ann’s Supermarket at Shop 4, 223 Bridge Road, Cobblebank VIC for sale via Private Treaty
The property has the following investment highlights:

+ Long 10-year lease to March 2033 plus option to 2038
+ Landlord preferred, net lease terms with tenants paying all usual outgoings
+ Fixed compounding 3% annual increases
+ Dee Ann’s Supermarket: New and exciting supermarket strategically positioned within the Atherstone Estate (4,500 lots*) to cater for a growing community.
+ Brand new build providing significant tax saving depreciation benefits
+Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
+Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department and will create more than 700 – 1,700 direct and indirect jobs during construciton.
+ City of Melton: Booming Melbourne growth suburb, 98% forecast population growth by 2051
+ Net income: $120,000 pa + GST

To be sold via Private Treaty

To arrange an inspection, or for more information, please contact the exclusive selling agents:

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

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

JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
398 SQM
Building Area
398 SQM

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