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An Affordable and Irreplaceable Investment

10-20 Geum Street, HADFIELD VIC, 3046

Sold

Property Sold in 10-20 Geum Street, HADFIELD VIC, 3046

Listing ID:
11245169
Status:
Sold
Price:
Price on Request
Last Updated:
06/09/2019
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Property Type

Retail
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Land Area

5569 SQM
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Floor Area

2101 SQM
Icon parking

Parking

N/A

An Affordable and Irreplaceable Investment

Impressive lease history, since 1979 with options to 2039
Woolworths Limited: ASX top 10 company and one of Australia’s most desirable tenants
Old fashion landlord friendly net lease, Woolworths pays outgoings including multiple holding land tax
Established and evolving growth location, only 16km from Melbourne CBD (9km from Melbourne Airport) and adjoining comprehensive shopping strip
Strong trading store (in percentage rent) with all usual departments including BWS Liquor
Well designed and maintained freestanding building of 2,101 sqm with 96 on-title car spaces
Prominent corner site of 5,569 sqm, extensive 162m dual street frontage
Substantial income tax saving depreciation benefits
Rent: $418,000 pa (est May 2017)

Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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