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Entry Level Corner Retail Investment

Shop 3/5-13 Adelphi Boulevard, POINT COOK VIC, 3030

For Sale

Property for Sale in Shop 3/5-13 Adelphi Boulevard, POINT COOK VIC, 3030

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11333271
Status:
Active
For:
Sale
Price:
Price on Request
Last Updated:
21/02/2019
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Property Type

Retail/Other
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Land Area

69 SQM
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Floor Area

69 SQM
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Parking

N/A

Entry Level Corner Retail Investment

Soho Village: Neighbourhood town centre development with medium density residential including 49 town-houses and 28 apartments.
Unrivalled ‘high-traffic’ community services and commercial ‘destination’ anchored by IGA Supermarket, restaurants, medical services, childcare centre, church with 300 seat auditorium and complementary retailers.
Strategically located Victorian growth suburb of Point Cook, one of Melbourne fastest growing residential corridors.
Renewed lease to 2025 plus options to 2035.
Fixed 3% rent increases.
Lessee pays usual outgoings.
Capital intensive tenant fit-out with commercial kitchen and restaurant seating for 42 people.
Irreplaceable corner position next to the entrance to IGA Supermarket and car park.
食堂 Kitchen: Long-standing & popular local restaurant.
Significant tax saving depreciation benefits.
Wyndham City: one of the largest growth areas in Australia and expected to grow by a further 218,901 residents with 80.93% growth rate over the next 20 years.
Rent: $38,475 pa

Auction 11am AEDT Wednesday 27 February 2019
River Room, Crown Casino, Melbourne

Also available for sale:
Shop 1, 5-13 Adelphi Boulevard, Point Cook VIC

Shop 5, 5-13 Adelphi Boulevard, Point Cook VIC

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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