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6/1035 Cranbourne Frankston Road
Cranbourne VIC 3977
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Sold on 19 Apr 2017

6/1035 Cranbourne Frankston Road Cranbourne VIC 3977

  • Shop & Retail
  • Sold

An Impressive Investment

This established pizza shop has brilliant main road exposure to busy Cranbourne Frankston road and is central to ever increasing residential growth of Cranbourne West.
Residential redevelopment plans of the recently sold nearby Amstel Gold Course along with the ever expanding estates off Hall Road further highlight how this growth corridor continues to boom. Duplication plans for Hall Road are also in place to accommodate this rapid growth and improve the traffic link to and from the Westernport Hwy.

The tenant, Aussie Pizza and Pasta occupy approx 83m². They, along with 5 other outlets, are part of this specialised complex known as the Cranbourne West Food Hub, which is clearly recognisable by the road facing dedicated signage tower.
The complex includes a BP Service Station, a popular Car Wash, Subway, Flounder Fish and Chips, Hot Plate Bakery, Tandori Garden and Pacific Eats. These great neighbours will obviously attract a crowd.

- Lease: 10 + 10 Years Commencing 1st October 2012
- Rent : $31,742pa plus GST as of 1st October 2017
- Outgoings: All those applicable payable by the Tenant
- Reviews: 2% per annum - to market in 2022 and 2027 if option is exercised
- Permitted Use: Take Away Pizza and Pasta
- Parking: Common on-site
- Security: Personal Guarantee and Security Deposit $2500
- Zoning: General Residential

This main road shop provides an ideal opportunity to personally invest or add into your self managed Superfund.

Auction on site Thursday the 20th of April 2017 at 1pm, if not sold prior.
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AUCTION

Auction date and time20/04/2017 13:00
Auction locationAsk Agent

Property Highlights

Date Sold19 Apr 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013466617
Category
Last updated  9 May 2017
Map for 6/1035 Cranbourne Frankston Road Cranbourne VIC 3977

Property Highlights

Date Sold19 Apr 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013466617
Category
Last updated  9 May 2017

Listed by

Matt O'Dea
Matt O'Dea
Facey Property
Call
0448 566 556

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