Strategic Golden Mile Precinct

Description

+ Secure 10 year lease to 2027 plus options through to 2037
+ Long established successful car wash location circa 20 years
+ 40,000 vehicles passing daily
+ Fixed 4% increases – assuring growth
+ Lessee pays outgoings as per the lease
+ 1,356 sqm site with retail frontage of 44.5 metres
+ Commercial 1 Zoning
+ Combined 161 sqm improvements including drive-thru car wash and plant room plus cafe with alfresco dining
+ Premier ‘Golden Mile’ precinct surrounded by a mix of high profile national retailers & excellent lifestyle & transport amenities
+ Net Income: $236,541 pa + GST

For Sale by Auction
11am Wednesday 18 September 2019
River Room, Crown Casino, Melbourne

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Contact agents
Raoul Holderhead Senior Director
0413 860 304
Zomart He Director
0488 220 830
Shaun Venables Senior Director
0411 860 865
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Blackburn, VIC

129-131 Whitehorse Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 131

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