AUCTION: Wednesday 7th March @ 12.00pm on-site
This fantastic investment opportunity provides a great set and forget scenario. Located in Belmont's busy retail strip with a huge amount of passing traffic and foot traffic daily.
The boxes have been ticked with a long standing secure tenant, 'Crust Gourmet Pizza Bar,' a new 10 year lease with options until 2037. The property is also surrounded by other great businesses such as: Hungry Jacks, KFC, Tasman Seafoods, Beaurepaire Tyres, Dan Murphy, McDonalds, Nandos, Cold Rock Ice-cream, Bendigo Bank, Westpac Bank, Coles Supermarket and many more.
This is not an opportunity to miss.
Features include:
- Crust Gourmet Pizza Bar - long standing tenant
- Ten (10) year lease - 1st July 2017
- Options until 2037
- 4% annual increases
- Great street frontage
- Corner location on busy retail strip
- Amongst many other great retailers
- Common parking available
- $38,020 p.a
- Tenant pays outgoings
*Approx
Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate.
Raff De Luise – 0418 533 633
Julian Materia – 0498 188 011
