Retail Investment next to Woolworths, Aldi & Spotlight!

Sale Details

Sold on 17 Dec 2018

Description

CVA Property Consultants are pleased to present this two level lock up shop in thriving Carnegie now available for Private Sale.

Currently trading as "Width Alley Spicy Pot Chinese Cuisine Restaurant and Takeaway", featuring a 5+5 year lease, current rental of $49,920.00 pa, recently renovated kitchen, dining on both floors, an administration area on the upper floor together with rear right of way access.

The Carnegie retail centre has been enhanced by the encouragement of high-density residential accommodation and new Railway Station & Level Crossing Removal incorporating the elevated rail for the Caulfield to Dandenong line. Coupled with the subject property's close proximity to Carnegie Central which includes high profile names such as Spotlight, Chemist Warehouse, Subway, Crocs Play Centre as well as Woolworths and Aldi supermarkets, the successful purchaser can expect strong future capital growth.

Investment particulars:
- Returning $49,920 per annum plus GST (from 1st November 2018)
- Five (5) year + Five (5) year
- Strong 4% annual increases with market review at option
- Three (3) months security deposit

Property features:
- Zoned Commercial 1
- Total land area 164m2*
- Two level lock up shop of 140m2*
- Recently renovated kitchen
- Rear laneway access
- 220m* walk to Carnegie Railway Station
- Future development potential (S.T.C.A)

For more information contact CVA Property Consultants.



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