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Brand New 5 Year Lease to 2028 Plus Options to 2038 | Immaculately Presented Kebab Restaurant

Unit 4/223 Bridge Road, Cobblebank VIC

Property Highlights

Brand New 5 Year Lease to 2028
Fixed 3% Annual Rent Increases
Tenant Pays All Usual Outgoings
Register to Bid

Description

Burgess Rawson is delighted to offer to the market the Eagle Kebab restaurant at 4/223 Bridge Road Cobblebank for sale via Investment Portfolio Auction 163.

The investment has the following highlights:

+ Brand new 5 year lease to March 2028 plus options to 2038.
+ Eagle Kebab: thriving new restaurant open 7 days a week with 5 star Google reviews.
+ Prime 94sqm* retail shop with frontage and exposure to 124 public car spaces.
+ 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 areas with population anticipated to surge to over 416,000 by 2051, a 98% increase. ***
+ Net Income: $47,000 pa* + GST.

*Approx
**VHBA
***Forecast.id

For further information, please contact the agents via the contact details below.

Shaun Venables
+61 411 860 865
svenables@burgessrawson.com.au

David Napoleone
+61 417 308 067
dnapoleone@burgessrawson.com.au

Romanor Falconer
+61 413 830 808
rfalconer@burgessrawson.com.au

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
94 SQM
Building Area
94 SQM

Contact Agents

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