Brand New 8 Year Lease to Modern Indian Restaurant Plus Options | Booming Western Growth Corridor

Burgess Rawson are delighted to offer the Indian restaurant at A01, 223 Bridge Road, Cobblebank for sale via Investment Portfolio Auction 163.

The investment has the following highlights:

+ Brand new 8 year lease to March 2031 plus options to 2039.
+ Tikka Twist: new and successful modern Indian restaurant with dine in, takeaway and delivery service.
+ 139sqm* premises, incorporates commercial kitchen, dining and customer amenities.
+ Brand new construction providing tax saving depreciation benefits.
+ Landlord preferred net lease terms with tenant paying all usual outgoings.
+ Annual fixed 3% rent increases.
+ Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
+ Surrounded by booming infrastructure including the future $900M Government funded Melton Hospital, only 600 metres* from the property, 274+ beds and 700 – 1,700 jobs created.***
+ City of Melton: Recognised as one of Australia’s fastest growing area’s with population anticipated to surge to over 416,000 by 2051, a 98% increase.**
+ Net Income: $62,550 pa* + GST

To be sold via Investment Portfolio Auction 163,
10:30am AEST Wednesday 13 September
Crown Casino, Melbourne

*approx
**Forecast.id
***VHBA