Shop 19/95 Hazel Glen Drive Doreen VIC 3754

This perfect tenanted investment is secured with a new five (5) years Lease with options. Lease by a long standing tenant. The complex is anchored by Woolworths and speciality tenants, including Bakers Delight, Australia Post, Bank of Melbourne, Bendigo Bank, La Porchetta and Bottlemart, just to name a few.

The premises are occupied by a fruit shop and deli, specialising in fresh produce and specialty meats. The current tenants have been occupying this shop since 8th October 2013 and have built a strong customer base.

• Tenanted investment
• Building area of 108sqm*
• Term: New Five (5) Years
• Further Term: Five (5) + five (5) + five (5) Years
• Rent Review: 4% Annual increases and Market at option
• Lease commencement: 1st July 2015
• Current income: $59,617.80 p.a. excluding GST

*approx

Looking to Sell, Lease, Manage or Develop your property? Contact ICR Property Group.

Julian Materia – 0498 188 011
Raff De Luise – 0418 533 633