New 10 Year Lease to 2031 Strategically Situated in Growing Indian Community
Description
+ Secure 10 year lease to Feb 2031 plus options to 2041.
+ Large 156 sqm premises with dual retail frontage and high exposure.
+ Everest Grocer: Indian grocer strategically situated in one of Melbourne’s most densely populated Indian communities.
+ Fixed compounding 3% annual increases ensuring growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One.
+ Epping North: Melbourne’s northern growth corridor with an estimated 52% population growth by 2041.
+ Net Income: $53,040 pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
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Contact agents
Zomart He Director
0488 220 830
Shaun Venables Senior Director
0411 860 865
Beau Coulter Senior Director
0413 839 898
Justin Kramersh Director
0460 349 605Enquiry Form
Wollert, VIC
37 Baltrum Drive
- Sold Price: Contact Agent
This property was sold as part of Portfolio 147
Contact agents
-
Zomart He Director
0488 220 830 -
Shaun Venables Senior Director
0411 860 865 -
Beau Coulter Senior Director
0413 839 898 -
Justin Kramersh Director
0460 349 605