10 Year Lease to 2028 + Options to 2043 - High Exposure Site with 3.5% Increases

Description

Tasman Butchers: established over 30 years with 9 stores across Melbourne
Easy customer access with excellent on-site parking
Highly prominent strategic metropolitan location
Sought after ‘Essential Service’ asset class
Secure 10 year leases to Nov 2028 plus options to 2043
Attractive 3.5% annual rent increases
Tenant pays all usual outgoings as per lease
Prominent 1,270sqm building over two levels constructed 2010
44 car spaces on-title
Prime 2,934sqm site with easy thoroughfare to Fulton Street at rear
47,000 vehicles passing daily
Oakleigh: 2km from Chadstone Shopping Centre and 15km from Melbourne CBD
Net Income: $212,627.93 pa + GST

For Sale by Auction
Wednesday 23 February at 10.30am (AEST)
Crown Casino, Melbourne VIC

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Contact agents
Darren Beehag Senior Director
0411 226 223
Raoul Holderhead Senior Director
0413 860 304
Matthew Wright Senior Director
0458 290 588
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Oakleigh South, VIC

1358-1360 North Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 150

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