Positioned on Woolworths Doorstep - Secure Entry Level Investment

Description

+ Secure Five (5) year lease to November 2022 plus options to November 2032
+ Pizza 1B: Experienced operators, with a combined 40+ years in the food industry
+ Generous fixed 3% annual rent increases assuring growth
+ Well presented 65sqm pizzeria with direct access to 300+ shared car parks
+ Prime retail position located metres from Woolworths entrance
+ Secure ‘entry level’ investment opportunity
+ Located within Craigieburn Plaza amongst Woolworths, Shell/Viva, Woolworths Caltex, Cash Converters, TAB & Bottle-O
+ Craigieburn: Situated in Melbourne’s northern growth corridor with estimated 54% population growth by 2041
+ Net Income: $42,677 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021

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Contact agents
Shaun Venables Senior Director
0411 860 865
Beau Coulter Senior Director
0413 839 898
Zomart He Director
0488 220 830
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Craigieburn, VIC

38 Craigieburn Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 143

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