Security of a 15 year lease plus options to Woolworths to 2037.
Tenant pays rates, land tax & maintenance.
Key position within a thriving metropolitan shopping precinct.
Neighboring high trading Woolworths Supermarket and amongst Bakers Delight, CBA, KFC & other branded complimentary retailers.
Well maintained and presented building of 1,402 sqm (approx) with planned significant fit-out upgrade.
Freehold site of 1,068 sqm, adjoining 300 (approx) public car spaces.
Includes attractive income tax saving depreciation.
Single tenant easily managed investment.
Rent: $295,535.15 pa.
Interstate and local bidding by prior arrangement.
Auction 11am Wednesday 29th June
River Room, Crown Casino, Melbourne