Burgess Rawson are delighted to present to the market Your Choice Liquor at 6,223 Bridge Road, Cobblebank (Melton) VIC for sale by Investment Portfolio Auction 165.
This investment has the following highlights:
+ Long 10-year lease to March 2033 plus options to 2043.
+ Landlord preferred, net lease terms with tenants paying all usual outgoings.
+ Strong and certain rental growth with annual fixed 4% increases.
+ Prime 131sqm* bottle shop with cold room storage plus frontage and exposure to 124 public car spaces.
+ Strategically positioned adjoining supermarket, and complimented by surrounding users Domino's, restaurants, cafe's and more.
+ Brand new build providing significant tax saving depreciation benefits.
+ 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 expected to create more than 700 - 1,700 direct and indirect jobs during construction.**
+ City of Melton: Booming Melbourne growth suburb, 98% forecast population growth by 2051.***
+ Net income: $62,225 pa* + GST.
To be sold via Investment Portfolio Auction 165
10:30am (AEDT) Wednesday 6 December 2023
Crown Casino, River Rooms Melbourne
For more information, please contact the exclusive selling agents below:
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
*Approx
**VHBA
***Forecast.id
