Entry Level Liquor Investment in Melbourne’s Northern Growth Corridor

4/1A Zoe Drive (Corner Epping Road), Wollert VIC

Property Highlights

Long 7 year lease plus options to 2033
Rare fixed 4% annual rent increases
Tenant pays all usual outgoings
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Description

+ Long 7 year lease to 2023 plus options to 2033.
+ Rare fixed 4% annual increases assuring rental growth.
+ Cellarbrations: Hugely successful independent liquor chain with 500+ stores Australia wide.
+ Highly sought after ‘essential service’ liquor investment.
+ Modern 111sqm building constructed in 2017 with tenant fit-out.
+ 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: $49,494 pa+ GST.

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
Liquor
Building Area
111 SQM

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