Long Established Supermarket + Liquor
Renewed 5 + 5 + 5 year lease to November 2030.
Established and successful supermarket over 50 years.
Fixed 3% annual rent increases.
Tenant pays all usual outgoings.
Prominent 725 sqm building with 18.2 metre triple shop front with rear access and loading.
Large 613 sqm landholding with premium Commercial 1 Zoning.
Three freehold titles provide future flexibility.
Prime position amongst complementary retailers including Priceline Pharmacy, Newsagent, Australia Post, Cafe's etc.
Rent: $128,419 pa (November 2016).
Auction 11am AEDT Wednesday 26 October 2016
River Room, Crown Casino, Melbourne