CBRE are excited to present 5/130 Valetta Road, Fulham Gardens to the market, representing an exciting opportunity to buy a new 10-year lease to a blue-chip covenant in Cheap as Chips. This 1,673sqm strata unit has shown a strong history of tenure with Cheap as Chips now being in the space for over 20-years, taking a likening to the location considering its proximity to the recently revamped Fulham Gardens Shopping Centre.
Cheap as Chips have taken a new 10-year lease from the 1st of September 2023 through taking them through to 2033, with two further 5-year options from there.
There is little not to love with this exceptional tenancy and location and we highlight the key details below:
- Estimated net passing income of $279,145
- New 10-year lease expiring 31 August 2033
- Two further 5-year options
- Secure tenant with over 20-years of trade from the location
- Exceptional location across from Fulham Gardens Shopping Centre
- Zoned Suburban Activity Centre
- Ample on site car parking
The property is being sold via Expressions of Interest, closing on the 29th of August at 4:00pm (ACST)
For more information, please contact the sole marketing agents from CBRE:
Ned Looker | 0448 689 573
Rhyce Scott | 0422 960 585
Oliver Grivell | 0478 069 579
