Secure 10 year lease to 2026 plus options to 2036
Director’s guarantee & three month security deposit in place
Fixed annual 3% rent increases
Tenant pays all usual outgoings as per the lease
Well presented 174 sqm high exposure corner building with rear access
Strategic retail position adjoining McDonald’s and five-ways intersection
Potential future development upside (STCA) with opposite corner building approved for two additional office levels
Inspirations Paint: Australia’s largest network of paint stores with over 100 stores across the country – strategic alliance with DuluxGroup
Single tenant, minimum management investment
Mooroolbark: Blue chip eastern Melbourne suburb, 31km from the CBD – 70.9% median house price growth in the last 5 years
Rent: $61,001 pa
Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne