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Rare Affordable Metro Woolworths Investment – Next to McDonalds

4 Leakes Road , Laverton North VIC

Property Highlights

Secure 15 year lease to 2029 + opt
Booming metro growth corridor
36,000 + vehicles passing daily

Description

Secure 15 year lease to 2029 plus options through to 2049
Annual rent reviews
Commanding 2,928 sqm site, with seamless integration to adjoining
McDonald’s and vehicle access to Fitzgerald Road
As new modern construction – developed 2014
Gateway to a rapidly expanding residential/commercial catchment
on the doorstep of Melbourne’s western growth corridor, 15km from CBD
Strategic main road location with direct access to Princes Freeway and arterial network
36,000 vehicles passing daily (including Fitzgerald Road)
Woolworths Petrol: Network of 600 plus petrol stations across Australia with sales of $4.6 billion (2015/16)
Net Rent: $107,035 pa approx (August 2017 – assume CPI 1.25%)

Auction 11am AEST Wednesday 5 April 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
2,928 SQM
Building Area
85 SQM

Contact Agents

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