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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
Occupancy Type
Cafe;Retail
Land Size
256 SQM
Building Area
144 SQM

Contact Agents

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