Burgess Rawson is pleased to offer to the market the Brewer Sisters Cafe at 3&4/341 Harvest Home Road, Epping VIC for sale via Investment Portfolio Auction 156.
The property has the following investment highlights:
+ New 10 year lease to 2032, plus a further option to 2037.
+ Landlord preferred, net lease terms with tenants paying all outgoings.
+ Annual fixed compounding 4% rent increases ensuring rental growth.
+ Immaculate recently completed quality tenant fit-out.
+ Strategically positioned opposite Aurora Village Shopping Centre anchored by Coles and Aldi Supermarkets.
+ Amongst destinational tenants including Kumon Education, Hungry Jacks and Augustus Gelatery.
+ 100m from Epping North proposed Aurora train station and future Epping North Town Centre.
+ Brand new build providing significant tax saving depreciation benefits.
+ Surrounded by important social infrastructure including 8 schools and tertiary education facilities servicing 5,000+ full-time students.**
+ Epping: booming Melbourne growth suburb, 48% forecast population growth by 2041.***
+ Net Income $51,750 pa* plus GST
To be sold by Investment Portfolio Auction:
10:30am AEDT Wednesday 26 October 2022
Crown Casino, Melbourne VIC
*approx.
**Gapmaps
***Forecast.id
