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Essential Service Investment in Major South-Eastern Growth Corridor

Shop 7/41-43 Kirkwood Crescent , Hampton Park VIC

Property Highlights

New 5 Year Lease plus options to 2036
Fixed 3% annual increases
Impressive Cooking & Baking Facilities

Description

+ New 5 Year lease to experienced local operator plus options to 2036.
+ High quality 100sqm bakery & café with impressive cooking and baking facilities.
+ 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: $40,000 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
100 SQM

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