Recent 15 year lease to September 2027 plus options to 2042.
Main road location at the entrance to one of Melbourne's premier new growth neighbourhoods, "Harcrest", a master planned community by leading developers Mirvac.
Strong trading full line supermarket with liquor
Modern building of 897 sqm with access to 96 on-site car parks.
Harcrest Village: A bustling neighbourhood centre poised to service the next generation of housing growth in the area.
Close to major arterials including Eastlink and Burwood Hwy.
Annual CPI reviews plus market and turnover rent provisions.
All usual outgoings payable by the tenant (as per the Lease) including Land Tax.
Significant potential income tax saving depreciation benefits.
Rent: $288,206 pa (Sep 16, assuming 2% CPI).
Interstate and local bidding by prior arrangement.
Auction 11am AEDT Wednesday 6 April.
River Room, Crown Casino Melbourne.