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TRIPLE FRONTED INVESTMENT OPPORTUNITY- LEASED TO NAB

Shops 1-3, 344 Belgrave-Gembrook Road, EMERALD VIC, 3782

Sold

Property Sold in Shops 1-3, 344 Belgrave-Gembrook Road, EMERALD VIC, 3782

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123

Listing ID:
11351689
Status:
Sold
Last Updated:
24/09/2019
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Property Type

Retail
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Land Area

N/A
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Floor Area

203 SQM
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Parking

N/A

TRIPLE FRONTED INVESTMENT OPPORTUNITY- LEASED TO NAB

Gorman Commercial is pleased to present this outstanding property for sale via public auction.

Auction: Wednesday 24th July at 12 noon on-site

Key attributes of the property include:

* Income: $101,893 per annum + GST + outgoings
* Renewed lease term: 3.5 years plus options
* Three street frontages with combined frontage of 45 metres
* Highly valuable ratchet clause with regards to rent reviews
* Surrounded by an abundance of public car parking
* Adjoining national tenants such as IGA Supermarket, Commonwealth Bank, Australia Post and many other local commercial businesses

Prominently located within the heart of Emerald town centre, the property presents an exceptional investment opportunity leased to longstanding tenant NAB.

For more details, please email agent

Gorman Commercial Real Estate

415 Riversdale Rd, Hawthorn East, VIC 3123


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