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Superb Entry Level Investment in Growth Corridor

Shop 8/41-43 Kirkwood Crescent , Hampton Park VIC

Property Highlights

Extended Long 7 Year Lease to 2026
Fixed 3% Annual Increases
Tenant pays all usual outgoings

Description

+ Extended 7 Year lease to December 2026 plus options to 2036.
+ Prominent 86sqm corner premises with extensive north facing alfresco
+ Fixed 3% rent increases assures rental growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings.
+ Busy business with established clientele
+ 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: $36,494 pa (as at 1 Jan 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
86 SQM

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