5/2-10 William Thwaites Boulevard Cranbourne North VIC 3977

Shop & Retail
103 m²
Sold

Brand New 10 Year Lease to 2031 with Fixed 3% Increases

Brand new Ten (10) year lease to November 2031 plus options to 2041.
Eves' Pizzeria and Gelato Bar: proven operators with 10+ years hospitality experience.
Fixed 3% annual rent increases assuring growth.
Investor preferred net lease terms with tenant paying all usual outgoings.
Immaculate 103sqm* pizzeria and gelato bar with significant frontage and exposure to William Thwaites Boulevard.
Situated in 100% occupied Neighbourhood Centre including IGA Supermarket, Chemist Warehouse and Medical Centre.
Prime 'entry level' investment.
Cranbourne North: situated in City of Casey, 8th fastest growing municipality in Australia.**
Net Income: $47,740pa + GST (as at November 2022).

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 14 September 2022
Crown Casino - River Room - Melbourne

*Approx
**City of Casey

AUCTION

Auction date and time	14/09/2022 10:30
Auction location	Crown Casino - River Room - Melbourne

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	16 Sep 2022
Floor Area	103 m²
Land Area	1 m²
Parking	Ask Agent
Property ID	2018006260
Category	Shop & Retail Medical / Consulting Offices
Last updated	16 Sep 2022

Map for 5/2-10 William Thwaites Boulevard Cranbourne North VIC 3977

Nearest transport* to 5/2-10 William Thwaites Boulevard Cranbourne North VIC 3977

Bus

Unity Lane/William Thwaites Bvd (Cranbourne North)	89 m
Discovery Ave/William Thwaites Bvd (Cranbourne North)	95 m
Ashmore Ave/Glasscocks Rd (Narre Warren South)	327 m
Merrowland Ave/Glasscocks Rd (Narre Warren South)	429 m

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	16 Sep 2022
Floor Area	103 m²
Land Area	1 m²
Parking	Ask Agent
Property ID	2018006260
Category	Shop & Retail Medical / Consulting Offices
Last updated	16 Sep 2022

Listed by

Justin Kramersh

Burgess Rawson VIC Pty Ltd

Call

0460 349 605

More about 5/2-10 William Thwaites Boulevard Cranbourne North VIC 3977

5/2-10 William Thwaites Boulevard Cranbourne North VIC 3977 is categorized as Shop & Retail Property. It has a floor area of 103 m² and a land area of 1 m². The listing ID for this property is 2018006260.