Long Proven Bakery Only Metres From Woolworths

Description

+ Renewed 5 year lease plus 5 year option through to 2031
+ Fixed 3% annual rent increases – assuring growth
+ Long established bakery circa 1998, originally Bakers Delight
+ Lessee pays all usual outgoings as per lease
+ 91 sqm premises with exposure to adjoining Woolworths & ALDI supermarkets plus parking
+ Central amongst McDonald’s, KFC, Subway and other retailers
+ Benalla: strong regional centre, trade catchment circa 14,000+
+ Net Income: $42,024 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021

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Contact agents
Raoul Holderhead Partner
0413 860 304
Justin Kramersh Senior Sales Associate
0460 349 605
Enquiry Form

Benalla, VIC

57 Smythe Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 147

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