Brand New 5 Year Lease – Irreplaceable Corner Retail

Brand new 5 year lease to September 2023 plus options to 2033.
120 sqm corner shop with 23 metre dual retail frontage.
Fixed 3% annual rent increases.
Tenant pays all usual outgoings.
High traffic retail position opposite Supa IGA supermarket and metres from a highly successful and strong trading Woolworths Supermarket.
Single tenant minimum management investment.
Gladstone Park Shopping Centre: long established neighbourhood shopping centre. Anchored by Supa IGA and Woolworths supermarkets supported by approximately 100 other complimentary retailers.
Gladstone Park: established north-western metropolitan suburb conveniently accessed and visible from Tullamarine Freeway 15km from the Melbourne CBD.
Rent: $48,000 pa + GST

Private Treaty