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New 10 year lease to Carl’s Jr

15 Dalton Road, Thomastown VIC

Property Highlights

10 year lease, options through to 2045
Current rental $300,000 Gross PA
Fixed compounding 3% increases
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Description

+ Fresh Ten (10) Year lease plus options through to 2045
+ Investor preferred net lease terms with tenant paying all usual outgoings as per the lease
+ Fixed compounding 3% annual increases, assuring rental growth
+ Prime 2,605sqm site with 59 metre frontage
+ Exposure to 55,000 vehicles passing daily along Dalton Road
+ Brand new 371sqm building, dual lane drive-thru constructed 2020
+ Position perfect, adjoining Bunnings Warehouse and surrounded by leading retailers
+ Thomastown, thriving metro location, 14kms* north of Melbourne CBD
+ Thomastown, situated in Whittlesea Council, one of the fastest growth regions of Victoria, forecast 21% population growth to 2036
+ Significant taxation depreciation savings
+ Carl’s Jr: 3,800 Stores globally, 25 stores in Australia and growing
+ One of the best performing Carl’s Jr stores in Australia
+ Net Income: $295,860 pa + GST approx

Auction Wednesday 31 March 2021 at 10.30am (AEDT)
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
2,605 SQM
Building Area
371 SQM

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