Long 10 Year Lease Plus Option to 2033

Description

+ New 10 year lease to 2028 plus 5 year option to 2033.
+ Fixed 3% rent increases ensuring rental growth.
+ Tenant pays usual outgoings.
+ Newly constructed 128 sqm premises plus 34sqm alfresco area.
+ Capital intensive tenant fit-out with full commercial kitchen.
+ A.S.K Café: popular café & restaurant with loyal customer base.
+ Excellent tax saving depreciation benefits.
+ Wyndham City: one of Australia’s largest growth areas – forecast population increase of 70% to 512,591 residents by 2041.
+ Net income: $57,712 pa + GST.

For Sale for by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne

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Contact agents
Shaun Venables Partner
0411 860 865
Zomart He Partner
0488 220 830
Beau Coulter Partner
0413 839 898
Enquiry Form

Truganina, VIC

3/ 451 Leakes Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 144

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