Long Proven Bakery Only Metres From Woolworths

Lot 2/57 Smythe Street, Benalla VIC

Property Highlights

Brand New 5+5 Year Net Lease
Fixed 3% annual rent increases
Central amongst national retailers
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+ Renewed 5 year lease plus 5 year option through to 2031
+ Fixed 3% annual rent increases – assuring growth
+ Long established bakery circa 1998, originally Bakers Delight
+ Lessee pays all usual outgoings as per lease
+ 91 sqm premises with exposure to adjoining Woolworths & ALDI supermarkets plus parking
+ Central amongst McDonald’s, KFC, Subway and other retailers
+ Benalla: strong regional centre, trade catchment circa 14,000+
+ Net Income: $42,024 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021

Property Details

Current Tenant
Occupancy Type
Land Size
91 SQM
Building Area
91 SQM

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