Prized Liquor Investment | New 10 Year Net Lease
9/125 Henry Street , Pakenham VIC
Property Highlights
New 10 year Lease to 2032
Bottlemart: over 700 stores
Fixed 3% Rental Increases
Description
New 10 year lease to March 2032 plus options to 2042.
Bottlemart: leading liquor chain with over 700 retail locations across Australia.
Fixed 3% annual rent increases.
Tenant pays all usual outgoings.
Prominent corner premises with dual frontage and exposure.
New 2022 construction with excellent tax saving depreciation benefits.
Complementary neighbouring tenants include Pizza Hut.
Pakenham: Melbourne’s major eastern growth corridor, population estimated to increase 59.9% by 2041.
Net Income: $58,800 pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 14 September 2022
Crown Casino – River Room
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Liquor
Land Size
140 SQM
Building Area
140 SQM
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