Burgess Rawson are pleased to present to market the Victoria's Pizza 5/364-368 Horseshoe Bend, Armstrong Creek (Geelong) VIC for sale via June Investment Portfolio Auction 177.
The property has the following investment highlights:
+ New 10 year lease to December 2034, plus option to 2039.
+ Victoria's Pizza: Established pizzeria chain with 16 locations and growing. Open 7 days a week, offering takeaway, and delivery services.
+ Prime 84sqm* premises with a significant tenant funded fit-out.
+ 60 communal lined car spaces on site.
+ Attractive, fixed 3.5% annual rent increases, ensuring rental growth.
+ Tenant pays usual outgoings, excluding land tax.
+ New construction, providing significant tax saving depreciation benefits.
+ Situated in a booming growth location between Geelong and Torquay with population forecast to increase 70% to 28,315 by 2046.**
+ Positioned within the $1billion Ashbury development, with 296 homes recently completed as part of the estate.
+ Only 1.5km from the Armstrong Creek Town Centre, incorporating Coles, McDonald's, Carl's Jr, Red Rooster, KFC, Dan Murphy's and more.
+ Potential 50% Stamp Duty savings.
+ Net Income: $49,425 pa* + GST.
For Sale Via Investment Portfolio Auction 177
10:30am AEST, Wednesday 25th June 2025
River Room, Crown Casino, Melbourne VIC
*Approx
**Forecast.id