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Unit 4/223 Bridge Road
Cobblebank VIC 3338
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Sold on 14 Sep 2023

Unit 4/223 Bridge Road Cobblebank VIC 3338

  • Shop & Retail
  • 94 m²
  • Sold

Brand New 5 Year Lease to 2028 Plus Options to 2038 | Immaculately Presented Kebab Restaurant

    Burgess Rawson is delighted to offer to the market the Eagle Kebab restaurant at 4/223 Bridge Road Cobblebank for sale via Investment Portfolio Auction 163.

    The investment has the following highlights:

    + Brand new 5 year lease to March 2028 plus options to 2038.
    + Eagle Kebab: thriving new restaurant open 7 days a week with 5 star Google reviews.
    + Prime 94sqm* retail shop with frontage and exposure to 124 public car spaces.
    + Brand new construction providing tax saving depreciation benefits.
    + Landlord preferred net lease terms with tenant paying all usual outgoings.
    + Annual fixed 3% rent increases.
    + Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
    + Surrounded by booming infrastructure including the future $900M Government funded Melton Hospital, only 600 metres from the property, 274+ beds and 700 1,700 jobs created.**
    + City of Melton: recognised as one of Australia's fastest growing areas with population anticipated to surge to over 416,000 by 2051, a 98% increase. ***
    + Net Income: $47,000 pa* + GST.

    *Approx
    **VHBA
    ***Forecast.id

    For further information, please contact the agents via the contact details below.

    Shaun Venables
    +61 411 860 865
    svenables@burgessrawson.com.au

    David Napoleone
    +61 417 308 067
    dnapoleone@burgessrawson.com.au

    Romanor Falconer
    +61 413 830 808
    rfalconer@burgessrawson.com.au

    Limin Qiao
    +61 447 288 323
    lqiao@burgessrawson.com.au

    AUCTION

    Auction date and time13/09/2023 10:30
    Auction locationCrown Casino - River Room - Melbourne

    Property Highlights

    Date Sold14 Sep 2023
    Floor Area94 m²
    Land Area94 m²
    ParkingAsk Agent
    Property ID2018715047
    Category
    Last updated  14 Sep 2023
    Map for Unit 4/223 Bridge Road Cobblebank VIC 3338

    Property Highlights

    Date Sold14 Sep 2023
    Floor Area94 m²
    Land Area94 m²
    ParkingAsk Agent
    Property ID2018715047
    Category
    Last updated  14 Sep 2023
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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