Knight Frank is pleased to offer an exceptional cafe investment located in Australia's fastest growth corridor.
Following the sell-out success of Mason Point Release 1, Mason Point Release 2 features a mix of inspirationally designed town homes, apartments and more importantly ground floor commercial/retail opportunities. By the conclusion of construction there will be over 500 town homes and apartments!
This fantastic cafe is run by an experienced operator with a secure long term eight (8) year lease in place that only recently commenced. Come and join the hype at Mason Point where the following experienced operators have already chosen to locate themselves: Bunnings, Crust Pizza, Hyundai, Kool Kids Child Care and many more.
Lease details:
Tenant: Armaniis South Morang Pty Ltd
Lease commencement: 18th May 2016
Lease term: 8 + 5 + 5 years
Net Rental: $45,000 plus GST plus Outgoings
Annual Reviews: 3.5% fixed increases
Security deposit: 3 month security deposit
Car Spaces: 4 car spaces on title
For further information please contact Matt or Tim.