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Sale Details

Sold on 11 Nov 2016

Description

A retail freehold investment located within the Aqua Gardens Shopping Centre is now available for Sale. Currently leased to well known restaurant operators ‘Caroline Thai 2’, the building comprises an area of 150m2* and is situated amongst other retailers including a Convenience Store, Taylors Lakes Pizza, Priya Indian Restaurant, Wally’s Discount Liquor, Royal Charcoal Chicken and Bamboo Asian Restaurant.

Situated on the corner of Hume Drive and Kings Road, the property is encompassed by well-established residential environment and conveniently located within close proximity to Watergardens Town Centre. Providing excellent access to the Calder Freeway and other major arterials; the subject property is well serviced by public transport with buses running along both Hume Drive and Kings Road as well as Watergardens Train Station located a short drive from the property.

Currently the tenant operates from two locations, the original ‘Caroline Thai’ Restaurant in Caroline Springs and the subject property ‘Caroline Thai 2’ Restaurant in Sydenham.

- Lease current until 15th September 2020 + 5 Years
- Rental $40,560 per annum
- Thriving growth corridor, 21 km north-west of the Melbourne CBD

Enquire now to obtain further information.

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