CBRE Melbourne Strip Retail Investments are delighted to present for sale via public auction this strong performing retail investment in one Metropolitan Melbourne's most tightly held-retail strips. Better known as 150 Canterbury Road, Heathmont, this is an opportunity to invest in a brand new eight year lease to a strong-trading retailer.
We highlight below some of the key highlights of this irreplaceable Heathmont offering:
- Ideally located freehold retail investment leased to strong tenant, Heathmont Newsagency - Brand new 8 year lease with options to 2031 - Income of $43,200* net per annum plus outgoings and GST - Substantial building area of 153sqm* with rear laneway access - Located in one of Metropolitan Melbourne's most tightly-held and vibrant retail strips supported by public transport and surrounding established residential estates - Positioned alongside major retailers including 7Eleven, IGA, Bakers Delight and Commonwealth Bank, to name a few - Centrally positioned in the heart of the retail street, benefiting from massive foot traffic via the pedestrian crossing leading straight to the premises, servicing both the northern and southern retail strips on Canterbury Road
*approx
For Sale via Public on-site Auction, scheduled for Thursday 26th November, 2015 at 12:00pm.
