Brand New 10 Year Lease to Reputable Barber | New Major Service Centre

5D/215 Princes Highway , Beaconsfield VIC

Property Highlights

Brand New 10 Year Net Lease to 2034
Substantial Depreciation Benefits
Amongst key national retailers
Register to Bid

Description

Burgess Rawson is delighted to offer to the market, London Edge Barbers in this outstanding new Beaconsfield service centre development for sale via Burgess Rawson’s auction in Melbourne on 27th of March 2024.

+ Brand new 10 Year net lease to 2034, plus one further option through to 2044
+ London Edge Barbers: Well established and reputable barber, operating out of 5+ locations in the south-eastern suburbs.
+ Landlord Favourable net lease terms, with the tenant responsible for all usual outgoings.
+ Fixed 3% annual rent increases, ensuring future rental growth
+ Immaculate and new retail premises to the tenant latest corporate design.
+ New construction, providing the incoming purchaser substantial depreciation tax benefits
+ Supported by key national retailers including; KFC, Hungry Jack’s, Carl’s Jnr, BP and more
+ Strategic home bound Princes Hwy location, metres from the Monash Fwy exit and exposure to 58,000* passing vehicles daily.
+ Position perfect, adjoining a proposed 108 townhouse development and a future planned Woolworths shopping centre, within 100 metres*
+ Cardinia Shire Council: one of the fastest growing municipalities in Australia and population forecasted to increase by of 51% to 200,238 by 2041
+ Rent: $37,500 pa + GST

To be sold via Investment Portfolio Auction 167
10:30am (AEDT) Wednesday 27 March 2024
Crown Casino, Melbourne

Bidder registration required, register here.

Please contact the exclusively appointed Burgess Rawson team for more information.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
0 SQM

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