PRIME INVESTMENT OPPORTUNITY * Rare trophy investment opportunity
* First class tenant – the Shell Company of Australia
* Potential Net Passing Income of $342,000 per annum (approx)
* Initial 10-year lease (commenced December 2013) plus options through to 2043
* Large allotment of 2,047 sqm (approx) and a strategic corner location
* Net Lettable Area of 1,920 sqm (approx)
* Near new building with potential depreciation benefits
Completed in 2013, the subject property comprises a purpose built Shell service station with 8 petrol bowsers and a Coles Express convenience store.
Childcare Centre - Investment A well located outer bayside suburb with strong population growth and with easy access to Peninsula Link and Cranbourne-Frankston Rd.
The subject property:- * Rental $56,000 p.a. plus GST * 40 place centre * Purpose built * Substantial allotment of 1105 sqm* (approx.) * Building area 200 sqm* (approx.) * Excellent frontage of 26 meters* (approx.) * Parking on site
N.B. Only a short distance to Karingal Shopping Centre.
Renewed 5 Year Lease Direct to 7 Eleven Corporate Renewed 5 year lease to July 2021 plus options to 2031. Attractive annual fixed 4% rent increases. Commanding 2,233 sqm corner site, with combined 84m street frontage. Prominent position within close proximity to a brand new Bunnings, KFC, Carrum Downs pre-eminent industrial precinct and residential growth area. Strategic site on major metropolitan arterial with 30,000+ vehicles passing daily – direct access to Peninsula Link & Eastlink. 7 Eleven: Major network of 600 plus petrol stations and convenience stores across Australia with sales of $3.6 Billion. Rent: $271,781 pa.
Excellent Opportunity Make the most of this opportunity !
This building is strategically located opposite the thriving Carrum Downs Regional Shopping Centre which is anchor tenants include Kmart, Woolworths and BWS. Surrounding neighbours include McDonalds, KFC, Hungry Jacks and Medical Centres.
The building is 226m² and includes both front and rear court yards and access points. Potential uses could include PHYSIO, MEDICAL, DENTIST, GYM, PHARMACY etc... STCA
Previously the site was used as a 140 restaurant that included a liquor licence.
Neighbourhood shopping centre anchored by Coles For Private Sale.
- Modern neighbourhood retail centre anchored by strongly trading Coles supermarket plus 10 specialty tenancies
- Total GLA: 2,328 sqm*
- Site Area: 6,430 sqm* (part common property)
- Zoned: Commercial 1
- Parking for 105 cars (on common property)
- Estimated Fully Leased Net Income: $440,322pa* as at 1 June 2016
For further information please contact Tim Grant or Ken Smirk.
Child Care Freehold Investment - Frankston Excellent Childcare Centre Investment located in Frankston.
65 place centre with land size of 2,217 square metres
Securely leased to Affinity Childcare who own over 150 businesses all over Australia
Rent $71,027 excluding GST per annum
Lease 5 years commenced 24/12/2012
Options 5 + 5 + 5+5
Reviews 3% fixed annually
INSPECT STRICTLY BY APPOINTMENT!
Business NOT For Sale - Freehold Only
Contact Celestine Eramo for the Information Memorandum.
ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) ...