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Shop 4/1 Madden Boulevard
Tarneit VIC 3029
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Sold on 25 Feb 2022

Shop 4/1 Madden Boulevard Tarneit VIC 3029

  • Shop & Retail
  • 87 m²
  • Sold

New Entry Level Investment - Brand New 5 Year Lease + Opts to 2031

    + Brand new 5-year lease to 2026 plus option to 2031.
    + Landlord favourable, net lease terms with tenant paying all outgoings.
    + Rare, fixed compounding 4% rent increases ensuring rental growth.
    + Constructed in 2021, providing significant depreciation benefits.
    + Modern 87sqm real estate office.
    + 46 on site parking including 26 car parks dedicated to childcare centre.
    + Surrounded by important social infrastructure, including 4 schools within 2km servicing a combined 4,174 full time students.**
    + Wyndham City: one of Australia's largest growth areas forecast population increase of 82% to 512,591 residents by 2041.
    + Net Income: $47,850* pa + GST

    For Sale by Investment Portfolio Auction
    10:30am (AEDT) Wednesday 23 February 2022
    Crown Casino, Melbourne.

    AUCTION

    Auction date and time23/02/2022 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold25 Feb 2022
    Floor Area87 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017550691
    Category
    Last updated  25 Feb 2022
    Map for Shop 4/1 Madden Boulevard Tarneit VIC 3029

    Nearest transport* to Shop 4/1 Madden Boulevard Tarneit VIC 3029

    Bus
    Train
    Tarneit Rd/Leakes Rd (Tarneit)990 m
    Tarneit Rd/Leakes Rd (Tarneit)1.0 km
    Penrose Prom/Leakes Rd (Tarneit)1.0 km
    Monument Dr/Leakes Rd (Tarneit)1.0 km
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold25 Feb 2022
    Floor Area87 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017550691
    Category
    Last updated  25 Feb 2022

    Co-Agents

    Zomart He
    Burgess Rawson VIC Pty Ltd
    Call
    0488 220 830
    Justin Kramersh
    Burgess Rawson VIC Pty Ltd
    Call
    0460 349 605

    More about Shop 4/1 Madden Boulevard Tarneit VIC 3029

    Shop 4/1 Madden Boulevard Tarneit VIC 3029 is categorized as Shop & Retail Property. It has a floor area of 87 m². The listing ID for this property is 2017550691.

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