Long Established Supermarket + Liquor
4-6 Autumn Place, DOVETON VIC
Description
Renewed 5 + 5 + 5 year lease to November 2030.
Established and successful supermarket over 50 years.
Fixed 3% annual rent increases.
Tenant pays all usual outgoings.
Prominent 725 sqm building with 18.2 metre triple shop front with rear access and loading.
Large 613 sqm landholding with premium Commercial 1 Zoning.
Three freehold titles provide future flexibility.
Prime position amongst complementary retailers including Priceline Pharmacy, Newsagent, Australia Post, Cafe’s etc.
Rent: $128,419 pa (November 2016).
Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Supermarket
Land Size
613 SQM
Building Area
725 SQM