Entry Level Investment – Established Indian Restaurant with Take Away
5/1A Zoe Drive , Wollert VIC
Property Highlights
Leased to Sep 2024 + options to 2029
Rare 4% annual increases
Tenant pays all usual outgoings
Description
+ Secure lease to Sep 2024 plus options to 2029
+ Rare fixed 4% increases ensuring rental growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Leased to established & successful operator
+ Newly constructed 110sqm shop with high quality fit-out
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One.
+ Wollert: within Melbourne’s fast growing northern growth corridor with estimated 52% population growth by 2041.
+ Net Income: $57,907 pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Building Area
110 SQM