Trophy Supermarket Investment FOR SALE VIA PUBLIC EXPRESSION OF INTEREST CLOSING WEDNESDAY 24th MAY AT 5.00PM
Nichols Crowder is proud to present a long term retail investment to Ritchies IGA, which occupies a prime corner in the retail heart of Somerville.
Key investment attributes are as follows:
* Prominent freestanding supermarket of 965sqm (approx.) * 15 year net lease to Ritchies IGA (Exp.July 2024) * Net income of $207,164 per annum (as at 1st August 2017) * Rental increases annually by CPI, plus turnover rent * Dual fronted access and rear on-site car parking for customers * Substantial corner land holding of ...
BRILLIANT MIXED USE DEVELOPMENT SITE An outstanding mixed use development opportunity located in a prominent position in Rosebud's retail/business precinct with excellent exposure to Point Nepean Road.
The property presents a rare opportunity for developers or occupiers to purchase an allotment of land with three street frontages totaling over 100 metres.
- Land Area: 1,274 sqm (approx)
- Flexible Commercial 1 zoning
- 3 street frontages providing flexibility in development options - STCA
- Offered with vacant possession
An exceptional freehold opportunity Commercial 1 Zone + Retail space of approx 145m*.Ideally suited to investors or owner operators in the beauty, retail industry. The property presents a rare opportunity for commercial investors to secure a property in this tightly held area
+ Outstanding exposure with street frontages of 145m* and within close proximity to Dromana Hub Shopping Centre and accompanied by retail, food and lifestyle precinct
+ Yield of 5.37% of purchase price
+ Business is also part of sale and would ideally suit an investor looking to secure a freehold together with an established business
SOMIE SUPER SHINE CAR WASH - SOMERVILLE - VIC $1,125,000 ( Plus GST if Applicable) Business : $125,000 Plus GST (if Applicable) Property : $1,000,000 Plus GST (if Applicable) Business & Property must be purchased together Owned by separate entities. Ideal for Owner Operator or Investor -1 x Water Wizard V2.0 Auto - 1 x Entry System with Credit Card Facility - 4 x Self-Serves - 3 x Single Vacuum - 6 x Vending Machines - Change Machine - Swipe ' n' Clean Credit Card System Installed on Site - Operates 7:00am to 9:00pm - 800m from from Somerville Central Shopping Centre - Highly populated area.
TENANTED MAIN STREET FREEHOLD This Main Street freehold is very reasonably priced!
Your tenant trades as Mortgage Choice and Mortgage Choice is the largest independent mortgage broking business and is listed on ASIC. The company currently has approximately 400 individual franchisees.
* Net rental return of $25,958 PA * Lease until end 2018 * 3 Year option * Annual rent reviews
We recommend you seriously consider adding this freehold to your property portfolio.