Brand new 15 year Net lease to Ritchie's Supa IGA plus 2 further 10 year options expiring 2050
Highly exposed Commercial 1 Zoned 2,448 sqm** land holding
Valuable 37 metre* frontage onto Seaford Road, at the highly exposed junction of Frankston-Dandenong Road
Diverse annual income of $251,000 pa* ($184 per sqm Net) with fixed annual CPI rental increases
Substantial building area of 1,362 sqm, with dual access points provided to the strong performing store
Surrounded by more than 200* free at-grade car parks, including a significant number on title
Justin Dowers
CBRE Victorian Retail Investments
+61 438 098 805
Rorey James
CBRE Victorian Retail Investments
+61 439 400 081
Mark Wizel
CBRE Victorian Retail Investments
+61 409 809 868
David Johnson
Cameron Industrial Commercial
+61 404 005 809