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Irreplaceable Corner, High Profile Investment

Lot 2/451 Leakes Road, TRUGANINA VIC, 3029

Sold

Property Sold in Lot 2/451 Leakes Road, TRUGANINA VIC, 3029

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11374525
Status:
Sold
Price:
Price on Request
Last Updated:
20/03/2020
Icon building

Property Type

Retail/Other
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Land Area

256 SQM
Icon size

Floor Area

144 SQM
Icon parking

Parking

N/A

Irreplaceable Corner, High Profile Investment

New 7 year lease to 2026 plus 7 year option.
Fixed 4% rent increases ensuring rental growth.
Tenant pays usual outgoings.
Newly constructed 144sqm premises with capital intensive fit-out plus alfresco dining on-title.
Prime corner position & exposure with main road frontages to recently duplicated Leakes and Forsyth Roads.
Kasba Indian Restaurant: popular and highly rated with loyal local customer base.
Excellent tax saving depreciation benefits.
Major western growth corridor with municipality population of 270,478 (2019).
Net Income: $75,400 pa + GST

Open For Inspection every Wednesday 4.00-4.30pm
Must register attendance with agent.

Auction 11am AEDT Wednesday 26 February
Crown Casino, Melbourne, VIC

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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