3-5 Church Street Whittlesea VIC 3757

4 year lease to 2018 plus options until 2026.
Successful and established fish & chip shop opposite full line IGA supermarket and amongst complementary retailers.
Fixed 4% annual rent increases.
Tenant pays usual outgoings.
Large 200 sqm retail shop with 10 metre retail frontage, rear access and customer parking at the shop front.
Large 221 sqm landholding with premium Commercial 1 zoning.
Whittlesea: Fast growing northern metropolitan growth corridor.
Single tenant minimum management investment.
Rent: $53,862 pa (April 2016).

Interstate and local bidding by prior arrangement.

Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.