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3/220 Epping Road
Wollert VIC 3750
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Sold on 23 Jun 2021

3/220 Epping Road Wollert VIC 3750

  • Shop & Retail
  • 80 m²
  • Sold

Clean Commercial Investment Starter - 7 + 7 Year Net Lease

    + Seven (7) year lease to March 2025 plus Seven (7) year option to 2032.
    + Generous 4% fixed annual rent increases assuring growth.
    + Investor preferred net lease terms with tenant paying all usual outgoings.
    + As new 80sqm laundromat constructed in 2018 with dual frontage and customer entry points - Significant depreciation benefits on offer.
    + Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations, Burger Edge and Dental One.
    + Wollert: within Melbourne's fast growing northern growth corridor with estimated 52% population growth by 2041.
    + Net Income: $40,045pa + GST

    Auction Wednesday 23 June
    River Room, Crown Casino, Melbourne
    Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

    AUCTION

    Auction date and time23/06/2021 10:30
    Auction location3/220 Epping Road, Wollert VIC

    Property Highlights

    Date Sold23 Jun 2021
    Floor Area80 m²
    Land Area80 m²
    ParkingAsk Agent
    Property ID2017027863
    Category
    Last updated  24 Jun 2021
    Map for 3/220 Epping Road Wollert VIC 3750

    Property Highlights

    Date Sold23 Jun 2021
    Floor Area80 m²
    Land Area80 m²
    ParkingAsk Agent
    Property ID2017027863
    Category
    Last updated  24 Jun 2021

    Co-Agents

    Shaun Venables
    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Zomart He
    Burgess Rawson VIC Pty Ltd
    Call
    0488 220 830

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