Secure Entry Level Investment – Positioned in Booming Northern Growth Corridor

4/85 Belleview Drive, Sunbury VIC

Property Highlights

7 year lease to 2027 + options to 2034
Fixed 3% annual rent increases
Tenant pays all usual outgoings
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Description

+ 7 year lease to November 2027 plus option to 2034.
+ Fixed 3% annual rent increases ensures rental growth.
+ Tenant pays usual outgoings as per the Lease
+ Modern 125sqm pizzeria with modern tenant fit-out.
+ Strategic position within the award wining Jackson’s Hill Estate neighbouring a brand new childcare centre, Foodworks and within 300 metres of Sunbury Primary School and Sunbury Specialist School.
+ Single tenant minimum management investment.
+ Sunbury: satellite city 34km from Melbourne and servicing a 65,000+ catchment population.
+ Sunbury: estimated population of 42,494 expected to double over next 20 years to 86,640 by 2041, an increase of 103.89%.*
+ Net income: $52,143 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021

*GapMaps

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Building Area
125 SQM

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