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Renewed 5 Year Lease - Liquor Store Since 1987

Shop 5 & 6/2185 Point Nepean Road, RYE VIC, 3941

Sold

Property Sold in Shop 5 & 6/2185 Point Nepean Road, RYE VIC, 3941

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11266491
Status:
Sold
Price:
Price on Request
Last Updated:
29/05/2020
Icon building

Property Type

Retail
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Land Area

88 SQM
Icon size

Floor Area

88 SQM
Icon parking

Parking

N/A

Renewed 5 Year Lease - Liquor Store Since 1987

Renewed 5 year lease to November 2021, plus options through to 2031
Thirsty Camel: recognised liquor brand with 375 stores nationally
Well established and proven tenant with long term hospitality background
Annual rent reviews
Lessee pays all usual outgoings as per the lease
Two shops on two titles comprising 88sqm building area
Dual retail frontage and exposure of 11 metres to 150 car spaces
Central within Woolworths anchored shopping centre (recent $6m refurbishment) including Amcal Pharmacy, Westpac and next to Bakers Delight
Rye: gateway to popular Portsea/Sorrento Mornington Peninsula region – high-end bayside holiday destination
Rent: $32,297 pa est (Nov 2017 – CPI adjustment)

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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