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Affordable Entry Level Investment With New 7 Year Lease

Shop 5/41-43 Kirkwood Crescent , Hampton Park VIC

Property Highlights

New 7 year lease to 2028
Fixed 3% annual increases
Affordable Entry Level Investment

Description

+ New 7 Year lease to a popular local operator plus option to 2038.
+ Modern 100sqm Takeaway restaurant constructed in 2018.
+ Fixed 3% rent increases assures rental growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings.
+ Anchored and supported by adjoining ALDI, Chemist Warehouse and medical centre.
+ Strategically positioned in Melbourne’s booming South-Eastern growth corridor.
+ 26 car parks at shop front plus further 109 car spaces in adjoining shopping centre.
+ City of Casey: Melbourne’s major South-Eastern growth corridor. Population forecast to grow by 44% to 549,190 by 2041^.
+ Net Income: $41,200 pa (as at 29 Feb 2022)

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne

3 other Hampton Park freehold investments also available.

^Forecast.id

Property Details

Listing
Sale
Current Tenant
Tenanted
Building Area
100 SQM

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