SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Positioned on Woolworths Doorstep – Secure Entry Level Investment

1B/38 Craigieburn Road, Craigieburn VIC

Property Highlights

5 yr lease to 2022 + options to 2032
Fixed 3% annual rent increases
Direct access to 300+ shared car parks
Register to Bid

Description

+ Secure Five (5) year lease to November 2022 plus options to November 2032
+ Pizza 1B: Experienced operators, with a combined 40+ years in the food industry
+ Generous fixed 3% annual rent increases assuring growth
+ Well presented 65sqm pizzeria with direct access to 300+ shared car parks
+ Prime retail position located metres from Woolworths entrance
+ Secure ‘entry level’ investment opportunity
+ Located within Craigieburn Plaza amongst Woolworths, Shell/Viva, Woolworths Caltex, Cash Converters, TAB & Bottle-O
+ Craigieburn: Situated in Melbourne’s northern growth corridor with estimated 54% population growth by 2041
+ Net Income: $42,677 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Building Area
65 SQM

Contact Me