Investment opportunity, Retail
| Building Area | 310m² |
|---|---|
| Rate | $4,677 per m² |
| Yield: | 5.51% |
| Sale History ID: | 25734 |
|---|---|
| Property ID: | 11143 |
| Advertised Price: | $1,450,000 |
|---|
This impressive retail premise is situated in busy Craigieburn Plaza occupying a total building area of 310m2* and comprises a frontage of over 10 metres*, benefiting from fantastic daily pedestrian traffic.
Currently leased to The Bottle-O Steve’s Liquor on a 4+4+4+4 year term from November 2015 and returning a rental of $80,000 pa +GST, this premium property is definitely one to add to your portfolio.
Bottle-O are independently owned and operated and have over 300 stores nationally (http://thebottle-o.com.au/).
Situated next door to Woolworths Supermarket, this large retail premise features a walk in cooler, storeroom and rear access with loading facility. Other key attributes include cooling and heating, suspended ceiling, floating floors and light fittings.
The property is amongst other well-known retailers within Craigieburn Plaza sharing car parking of approximately 300 car spaces. Additionally, Craigieburn Plaza provides excellent access to the Hume Highway/Craigieburn Bypass and other major arterials.
*approx
| Features |
|---|
| Tenancy | The Bottle-O Steves Liquor Warehouse Pty Ltd |
|---|---|
| Lease Term | 4+4+4+4 Years |
| Commenced | 29/11/2015 |
| Rent Review | Annually to CPI |
| Bond/Guarantees | Equivalent to one months rent and Directors Guarantees |
| Outgoings Payable | By Lessee |
| Car Spaces | 300 common car spaces |
| Zoning | Commercial 1 Zone |
| Outgoings |
|---|
M | 0418 343 147
T | (03) 9623 2570
E | [email protected]
M | 0488 440 190
T | (03) 9623 2559
E | [email protected]