Essential Service Grocer Investment – New 5 Year Lease to December 2026
Description
+ Secure 5 Year lease to Feb 2026 plus option to 2031.
+Ceylon Hub: Asian Grocer strategically situated within rapidly growing Asian community.
+Fixed compounding 3% annual increases ensuring growth.
+Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+Single tenant, minimal management investment.
+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: $41,850 pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino – River Room
Do you own a similar property?
Enquire
Contact agents
Justin Kramersh Director, Capital Markets
0460 349 605
Shaun Venables Partner
0411 860 865
Zomart He Director, Capital Markets
0488 220 830Enquiry Form
Wollert, VIC
11/ 220 Epping Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 151
Contact agents
-
Justin Kramersh Director, Capital Markets
0460 349 605 -
Shaun Venables Partner
0411 860 865 -
Zomart He Director, Capital Markets
0488 220 830