Investment Opportunity to National Retail Tenant!

Sale Details

Sold on 12 Aug 2019

Description

A rewarding national retail investment situated in busy Craigieburn Plaza is now available for Private Sale, closing Thursday 27th June 2019 at 3pm.

Occupying a total building area of 310m2* and boasting a frontage of over 10 metres*, this large retail premise features a walk in cooler, storeroom and rear access with loading facility. Further key attributes include cooling and heating, suspended ceiling, floating floors, light fittings and rear loading.

Investment Summary
Tenant: Bottle-O
Rental Return: $84,762.30 p.a. plus GST
Lease Commencement: 29th March 2019
Lease Term: Five (5) Years
Further Term: Three (3) further terms of five (5) years
Reviews: Annual CPI

Bottle-O are independently owned and operated and have over 300 stores nationally.

Situated next door to Woolworths who have recently renewed their lease for a further 15 years from 2016, the property is set amongst other well-known retailers within Craigieburn Plaza including Priceline, Bakers Delight, TAB and Subway all of which are supported by car parking for over 300* vehicles.

Additionally, Craigieburn Plaza provides excellent access to the Hume Highway/Craigieburn Bypass and other major arterials.

For further information on this premium investment, please contact CVA Property Consultants.

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