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1/1 Hollingsworth Drive
Cobblebank VIC 3338
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Sold on 4 Aug 2023

1/1 Hollingsworth Drive Cobblebank VIC 3338

  • Shop & Retail
  • 68 m²
  • Sold

Brand New 7 Year Lease to 2030 | Irreplaceable Corner Position Cafe Investment

    Burgess Rawson is delighted to offer to the market the Amelia Café investment at 1/1 Hollingsworth Drive, Cobblebank VIC for sale via Investment Portfolio Auction 162.

    The Property has the following investment highlights:
    + Long 7 year net lease to March 2030 plus options to 2040
    + Landlord preferred, net lease terms with tenants paying all usual outgoings
    + Fixed compounding 3% annual increases
    + Amelia Café: Thriving café open 7 days a week with 100% 5 star google reviews
    + Prime 68 sqm* retail shop with key dual frontage exposure
    + Brand new construction providing tax saving depreciation benefits
    + Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre
    + Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department and will create more than 700 - 1,700 direct and indirect jobs during construction
    + City of Melton: population anticipate to surge to over 416,000 by 2051, a 98% increase
    + Net income: $37,400 pa* GST

    To be sold by Investment Portfolio 162 Auction
    10:30am AEST Wednesday 2nd August 2023
    Crown Casino, Melbourne.

    SHAUN VENABLES
    0411 860 865
    svenables@burgessrawson.com.au

    LIMING QIAO
    0447 288 323
    lqiao@burgessrawson.com.au

    DAVID NAPOLEONE
    0417 308 067
    dnapoleone@burgessrawson.com.au

    ROMANOR FALCONER
    0413 830 808
    rfalconer@burgessrawson.com.au

    *approx.

    AUCTION

    Auction date and time02/08/2023 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold4 Aug 2023
    Floor Area68 m²
    Land Area68 m²
    ParkingAsk Agent
    Property ID2018628740
    Category
    Last updated  4 Aug 2023
    Map for 1/1 Hollingsworth Drive Cobblebank VIC 3338

    Property Highlights

    Date Sold4 Aug 2023
    Floor Area68 m²
    Land Area68 m²
    ParkingAsk Agent
    Property ID2018628740
    Category
    Last updated  4 Aug 2023
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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