Renewed 12 Year Lease with Fixed 4% Increases


+Renewed Twelve (12) year lease to June 2033
+Kofi Beans: longstanding café with huge & loyal customer base on-site 13+ years
+Rare fixed 4% annual rent increases assuring growth
+Investor preferred net lease terms with the tenant paying all usual outgoings
+Proven freehold retail building with direct exposure to high foot traffic pedestrian crossing
+High profile 288sqm site on main retail strip with important dual street frontage and exposure
+Desirable Main Street position amongst Australia Post, all major banks and brand new $18m multi-storey car park
+Croydon: metro suburb only 27km east of the Melbourne CBD, median house price up 15.8%**
+Net Income: $77,427pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino – River Room


Do you own a similar property?


Contact agents
Beau Coulter Partner
0413 839 898
Jamie Perlinger Head of Agency | Partner
0413 860 315
Enquiry Form

Croydon, VIC

137-139 Main Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 154

Contact agents