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Irreplaceable Corner, High Profile Investment

Lot 2/451 Leakes Road , Truganina VIC

Property Highlights

New 7 year lease to 2026 plus option
Fixed 4% rent increases
High exposure corner site

Description

New 7 year lease to 2026 plus 7 year option.
Fixed 4% rent increases ensuring rental growth.
Tenant pays usual outgoings.
Newly constructed 144sqm premises with capital intensive fit-out plus alfresco dining on-title.
Prime corner position & exposure with main road frontages to recently duplicated Leakes and Forsyth Roads.
Kasba Indian Restaurant: popular and highly rated with loyal local customer base.
Excellent tax saving depreciation benefits.
Major western growth corridor with municipality population of 270,478 (2019).
Net Income: $75,400 pa + GST

Open For Inspection every Wednesday 4.00-4.30pm
Must register attendance with agent.

Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
256 SQM
Building Area
144 SQM

Contact Agents

Contact Me

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