Established Retail Investment in Successful Shopping Centre

shop 8/8-34 gladstone park avenue, gladstone park

Price on Request

  • 5yr lease to 2020 plus options to 2030
  • Established business of over 20 years
  • 3% increases - tenant pays outgoings

Property Details

5 year lease to 2020 plus options to 2030
Long established poultry shop in occupation over 20+ years
Fixed 4% annual rent increases
Tenant pays all usual outgoings
Irreplaceable position within thriving Gladstone Park Shopping Centre directly opposite Supa IGA supermarket and metres from a highly successful & rapidly growing Woolworths Supermarket plus Bakers Delight, Michele’s Patisserie and other complimentary retailers
Gladstone Park: established north-western metropolitan suburb conveniently accessed and visible from Tullamarine Freeway 15km from the Melbourne CBD
Single tenant minimum management investment
Rent: $58,901 pa

Auction 11am AEST Wednesday 20 September 2017
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 67.4
Land Size 67 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001468

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E

Similar Properties

  • Secure Metropolitan KFC Investment

    230-242 racecourse road, flemington

  • Rare Affordable Woolworths Petrol Investment

    72 vestan drive, morwell

  • Modern Petrol Station & Car Wash – New 12 Year Lease – Circa 6% Yield

    296-298 frankston-dandenong road, seaford