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Sold on 4 Sep 2017

5, 7,11 & 27 Linden Tree Way Cranbourne North VIC 3977

  • Retail
  • Sold

4 Cracking Cranbourne North Retail Investments!

- Four brand new shops offered individually
- Long, secure leases in place with fixed annual rental increases
- Large on site customer and staff car park at rear
- The shops form part of The Avenues Town Centre, opposite Woolworths Supermarket and Chemist Warehouse
- Positioned within one of Australia’s strongest growth corridors

Investment Details:

5 LINDEN TREE WAY - Manila's Best
Lease Term: 5 x 5 years
Rental: $31,500 pa + gst

7 LINDEN TREE WAY - Pizza 888
Lease Term: 5 x 5 x 5 years
Rental: $33,000 pa + gst

11 LINDEN TREE WAY - Cellarbrations
Lease Term: 8 x 8 x 8 years
Rental: $58,930 pa + gst

27 LINDEN TREE WAY - Dental Clinic
Lease Term: 5 x 5 years
Rental: $36,000 pa + gst

- Excellent tax depreciation benefits
- Surrounded by rapidly expanding residential catchment

Rare, affordable opportunity to purchase commercial investment property in a high growth location providing strong prospects for future capital appreciation.

Property Highlights

Property ID2013613466
Date Sold4 Sep 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  4 Sep 2017
Map for 5, 7,11 & 27 Linden Tree Way Cranbourne North VIC 3977
Fitzroys Pty Ltd
Level 27, 360 Collins Street Melbourne VIC 3000

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