Inner City Supermarket Investment
15 year lease to July 2022 plus options through to 2032.
Annual 3% rent increases and market reviews.
Lessee pays all usual outgoings as per the lease.
425 sqm supermarket with usual departments including liquor.
15 on title undercover car spaces.
Triple street frontage and exposure totalling 94 metres.
Major inner city corner with 30,000 vehicles passing daily.
Proven performer with captive clientele drawing on the Western Hospital, Victoria University and a high density residential population set to be boosted by proposed 1,400 dwelling Kinnears Ropeworks development within 100 metres.