Brand new 10 year leases to 2029 plus options to 2039.
Annual 3.5% rent increases assuring growth.
Rare double shop frontage of circa 10 metres.
10 specialist branches across VIC and SA - in operation since 2009.
Tenants pays all usual outgoings as per lease.
Immaculately presented modern building of 181 sqm (2 retail shops on separate titles) with 6 allocated car spaces.
Specialised practice with capital intensive tenant fit-out in 2008 – $500,000.
High traffic location, central amongst national retailers and adjacent to the Coles and Aldi anchored CS Square Shopping Centre undergoing major $45 million redevelopment to include Woolworths Supermarket and specialty shops with 3.65 million visitors annually.
Caroline Springs: 21km to Melbourne CBD, major activity centre in the City of Melton, projected 195% population growth by 2051 (forecast.id).
Rent: $95,000 pa
Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne
For more details, please email agent