Entry Level Investment with Secure 7 Year Lease

2/14 Matilda Avenue, Wollert VIC

Property Highlights

Long 7 Year Lease plus options to 2034
Rare fixed 4% annual rent increases
Tenant pays all usual outgoings
Register to Bid

Description

+ Secure 7 lease to 2024 plus options to 2034
+ Rare fixed 4% annual rent increases assuring growth
+ Leased to established and successful operator
+ 111 sqm pizzeria positioned with modern fit-out
+ Tenant pays usual outgoings
+ Excellent tax saving depreciation benefits
+ Single tenant minimum management investment
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva & Dental One
+ Epping North: Situated in Melbourne’s northern growth corridor with an estimated 52% population growth by 2041
+ Net Income: $51,941 pa+ GST (as at July 2021)

For Sale for by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Fast Food
Land Size
111 SQM
Building Area
111 SQM

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