A Tasty Investment - Offered free hold for investment sale - Five x five (5) year term - Commenced 9/08/2013 with annual CPI reviews - Gelato manufacturing business (not retail) - Current rental $21420 per annum - Rental and outgoings are payable by the tenant - Personal guarantees on rental
The Ultimate Low-Risk Retail Investment • Highly strategic 4.732 ha* parcel of land with frontages to both Princes Hwy and Narre Warren North Road, within Narre Warren-Fountain Gate CBD
• ‘Ground Lease’ to Action Realty Australia Pty Ltd until August 2033 (no further options)
• Current Ground Rental of $686,786 pa* + GST
• Proposed ‘Activity Centre Zoning’
• Currently improved with established Large-Format-Retail centre with a GLA of 18,070* anchored by several tier 1 retail tenants including JB Hi-Fi, Forty Winks and Anaconda
The property is offered for sale by Expressions of Interest.
High yielding retail investment What a little ripper this site is! 99m² of building on 209m² with a Commercial 1 zoning make this property a must see! The tenant has a 3 year lease returning $38,325 per annum that runs until March 2018. There are no further lease options.
So you can seek to continue the lease OR redevelop this unique parcel for yourself!
Close to Narre Warren train station and a short distance from the ever expanding Fountain Gate Regional Supercentre this is simply a great place to do business.
Great Location & High Visibility Great time to purchase this well located Office/Warehouse on a busy main road which is also has great access to the major arterials such as Princess Hwy, Monash Freeway and South Gippsland Freeway. The property is very well maintained and has been fitted out with an office.
* Building Area: 540 square metres (approx)
* Motorised roller door access
* Upgraded power supply
* Additional rear hard-stand area with roller door access
* Great exposure
* Front security gates
* Ample car parking
For further information or to arrange an internal inspection please contact David Medlin on 04...
UNBEATABLE POSITION! We patiently await that prime investment property that fits the profile and wonder how much longer the wait will be. Finally, an opportunity has presented itself too good to surpass. 2-4 Gloucester Avenue is available to purchase and is perfectly positioned metres from High Street, in Berwick's finest Avenue.
This is an astute investment featuring 4 prime ground floor retail tenancies in Berwick village, and a mix of first floor office suites, that total a solid income of circa $200K. A strong performer for many years, the premises is well maintained and fully occupied, and is within close p...