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Secure 5 Year Lease Plus Options to 2033

Lot 4/545 McDonalds Road, South Morang VIC

Property Highlights

Fixed 4% increases - assuring growth

Immaculate 460sqm retail showroom

Central amongst national retailers

Description

Secure 5 year lease to 2023 plus options to 2033
Fixed 4% increases assuring growth
Tenant pays all usual outgoings as per the lease
Strategic ground floor retail within established complex which includes Beaurepaires, Ultra Tune, National Tiles plus first level office and 105 shared car spaces on-site
Immaculate 460 sqm showroom with 12 metre frontage to McDonalds Road and rear RSD access
Important allocation of 4 on-site car spaces
Opposite brand new Toyota and Mazda dealerships and close to Axis Lifestyle Centre anchored by Spotlight
McDonalds Road: busy thoroughfare connecting Plenty Road to Westfield’s Plenty Valley Shopping Centre – 15,000+ vehicles daily
South Morang: strategic metro location 24 kms north of Melbourne CBD
Rent: $88,400 pa

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Gross Building Area
460 Squaremeter

Contact Agents

Raoul Holderhead

+610 413 860304

Scott Meighan

0413 830 709

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