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, Capital Markets
0488 220 830
Shaun Venables Partner
0411 860 865
Beau Coulter Sr. Director - Capital Market
0413 839 898
Justin Kramersh Director, Capital Markets
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, Capital Markets
0488 220 830 -
Shaun Venables Partner
0411 860 865 -
Beau Coulter Sr. Director - Capital Market
0413 839 898 -
Justin Kramersh Director, Capital Markets
0460 349 605