SOLD
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SOLD

New Entry Level Investment – Brand New 5 Year Lease + Opts to 2031

Shop 4/1 Madden Boulevard , Tarneit VIC

Property Highlights

New 5 Year Lease + Opts to 2031
Fixed 4% Annual Increases
Tenant pays usual outgoings
Register to Bid

Description

+ Brand new 5-year lease to 2026 plus option to 2031.
+ Landlord favourable, net lease terms with tenant paying all outgoings.
+ Rare, fixed compounding 4% rent increases – ensuring rental growth.
+ Constructed in 2021, providing significant depreciation benefits.
+ Modern 87sqm real estate office.
+ 46 on site parking including 26 car parks dedicated to childcare centre.
+ Surrounded by important social infrastructure, including 4 schools within 2km servicing a combined 4,174 full time students.**
+ Wyndham City: one of Australia’s largest growth areas – forecast population increase of 82% to 512,591 residents by 2041.
+ Net Income: $47,850* pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 23 February 2022
Crown Casino, Melbourne.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Office
Building Area
87 SQM

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