Blue Chip Retail Investment Adjoining McDonalds

5/191-193 hull road (corner manchester road), mooroolbark vic

Price on Request

  • Secure 10 Year Lease to 2026 + Options
  • Fixed 3% Annual Rent Increases
  • Future Development Upside (STCA)

Property Details

Secure 10 year lease to 2026 plus options to 2036
Director’s guarantee & three month security deposit in place
Fixed annual 3% rent increases
Tenant pays all usual outgoings as per the lease
Well presented 174 sqm high exposure corner building with rear access
Strategic retail position adjoining McDonald’s and five-ways intersection
Potential future development upside (STCA) with opposite corner building approved for two additional office levels
Inspirations Paint: Australia’s largest network of paint stores with over 100 stores across the country – strategic alliance with DuluxGroup
Single tenant, minimum management investment
Mooroolbark: Blue chip eastern Melbourne suburb, 31km from the CBD – 70.9% median house price growth in the last 5 years
Rent: $61,001 pa

Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 174 sqm
Land Size 174 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002471

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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