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1/247 Esplanade, LAKES ENTRANCE VIC, 3909

Sold
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Property Sold in 1/247 Esplanade, LAKES ENTRANCE VIC, 3909

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11401583
Status:
Sold
Last Updated:
04/03/2021
Price:
Price on Request
Icon building

Property Type

Retail/Offices/Retail
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Land Area

100 SQM
Icon size

Floor Area

100 SQM
Icon parking

Parking

N/A

New 6 + 6 + 6 Year Lease Through to 2039 - Opening February 2021

**50% Stamp Duty Concession**

+ Brand new 6 year lease to 2027 plus 6 + 6 year options to 2039
+ Net lease with tenant paying all usual outgoings
+ Re/Max: more than 7,000 offices globally and 120,000+ employees
+ Fixed 3% annual increases - assuring rental growth
+ Prime retail premises opposite Ferrymans Cafe. close to NAB, KFC and Australia Post
+ Lakes Entrance: year round tourist mecca, trade catchment circa 5,000 swelling to circa 25,000 over summer
+ Net Income: $30,000 pa + GST

For Sale by Portfolio Auction
11:00am (AEDT) Wednesday 24 February 2021

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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