Entry Level Freehold Investment with Upside
Description
+ Brand new 5 year lease to 2025 plus 5 year option to 2030.
+ Lease to John’s Flower Box, experienced operator in business for over 30 years.
+ Fixed 5% annual increases.
+ Tenant pays usual outgoings.
+ Substantial 899sqm landholding with future upside & expansion opportunities (STCA).
+ Recently fully refurbished building with large 17 metre dual street frontage.
+ Prominent location, surrounded by national businesses such as Aldi, Chemist Warehouse, Australia Post, McDonalds and KFC.
+ Minimum management investment.
+ Additional income from CBA ATM lease to 2022 plus option to 2025.
+ City of Greater Bendigo: Victoria’s largest inland city with a current population of 121,349 and forecast to grow to over 155,000 by 2041.
+ Net Income: $39,033 pa + GST.
For Sale by Investment Portfolio Auction
11AM (AEDT) Wednesday 24 February 2021
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Contact agents
Zomart He Partner
0488 220 830Jamie Perlinger Head of Agency | Partner
0413 860 315Enquiry Form
Kangaroo Flat, VIC
123-127 High Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 142
Contact agents
-
Zomart He Partner
0488 220 830 -
Jamie Perlinger Head of Agency | Partner
0413 860 315