Expressions Of Interest Closing 15th April 2021 at 2pm.
Built to service Modus Business Estate that comprises of 25 units, this 88 sqm* retail space is home to Bambam Deli, who have developed a cult following. Beyond their array of 5-star Google reviews online, with people proclaiming to come from as far as the outer Western Suburbs, they provide a healthy rental income just shy of $40,000 per annum. A set and forget investment for the owner, whilst being a memorable eatery for all who come in.
Located just 170 m* off Warrigal Road and surrounded by dozens of major retailers including Bunnings, Sydney Tools, Fantastic Furniture and more, the traffic going past this property from the ever-busy Keys Road will ensure there’s always a foot in the door.
- Building area of 88 sqm*. - Currently tenanted by Bambam Deli. - Current rental income of $39,181.08 P.A Net. - Current term of eight years (commenced 15/01/2018). - Further term of eight years. - Security bond of $20,625. - 4% annual increases. - Three car spaces.
POINT OF VIEW:
In a city known for great coffee, 75 5-star Google reviews on this tenant proves Melburnians consider them worth it. And 39,181 reasons why they’ll be your favourite local.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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