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Clean Commercial Investment Starter – Extended 8 Year Lease

Shop 6/41-43 Kirkwood Crescent , Hampton Park VIC

Property Highlights

8 Year Lease plus Options to 2036
New $100k Tenant Funded Upgrade
Fixed 3% Annual Rent Increases

Description

+ Extended 8 Year lease to experienced multi outlet operator plus option to 2036.
+ Modern 102sqm laundromat constructed in 2018.
+ Fixed 3% rent increases assures rental growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings.
+ $100,000 new tenant funded upgrade.
+ 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: $42,500 pa + GST

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
102 SQM

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