Retail Deli/Cafe Investment!

Sold - Shop 16/17/204 Warrandyte Road, Ringwood North

Investment opportunity, Retail

Sale Details

Sold on 28 Sep 2017

Building Area 120m²
Comments: Gross lease

Overview

Sale History ID: 28729
Property ID: 13600
Advertised Price: Contact Agent

Description

CVA Property Consultants are pleased to offer this outstanding investment for Private Sale.

This is a well positioned retail property leased and operating by The Deli Discovery, located among the thriving North Ringwood Shopping Centre.

Situated along side neighbouring tenants including Ritchies Supa IGA supermarket, Dominos Pizza, Bakers Delight, Anytime Fitness, ANZ and Commonwealth Banks.

- Tenant operating as The Deli Discovery & Cafe
- Rental $37,809.60 per annum (Estimated net rental $28,108 per annum net)
- Lease 5+5+5 years
- Commenced 12th November 2014
- A Deli has been trading in this location for 18 years
- Two shops with two titles
- Potential for rental growth

This highly demanded shopping centre is prominently situated at 204 Warrandyte Road corner Oban Road, Ringwood North, approximately 25 km* North East of the Melbourne Central Business District.

Inspections available by appointment through exclusive sole agents.

* approximately

Additional Info
Features
TenancyXat Ky & Siv Cung Heng t/a The Deli Discovery
Lease Term5+5+5 years
Commenced12th November 2014
Rent ReviewAnnually to CPI
Bond/Guarantees$3,418.03
Outgoings PayableLandlord ( Gross lease )
Car SpacesAmple on site
ZoningCommercial 1
Outgoings
Agent Details
CVA Property Consultants - Stan Dawidowski

Stan Dawidowski

M | 0400 448 755
T | (03) 9623 2556
E | [email protected]

CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]