JLL Retail Investments proudly present for your consideration United Petroleum Cheltenham located at 385-391 Warrigal Road, Cheltenham VIC.
We welcome your interest in the property and highlight its key features below:
New 15 year lease with options to 2064
Fixed annual 3% rental increases
Net Lease structure with the tenant responsible for all outgoings (excluding land tax)
Brand new building, offering maximum depreciation benefits
Corner landholding of 5,300sqm* with 148 metres total street frontage*
Metropolitan Melbourne location, in highly sought after Bayside suburb
Prime position on Warrigal Road with direct access to Nepean Highway
Annual income of $470,000 + GST
For Sale by Public Auction Friday 25th October at 12 noon on-site.
For more information on this opportunity please contact listing agents.
All figures are approximate.