Sold
Retail

Shop 2/66 Church Street Whittlesea, VIC 3757

Sold on 14 May 2018
  • Building: 100m²
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Retail in Whittlesea

APPETISING INVESTMENT OPPORTUNITY

  • Building: 100m²
  • Modern retail shop of 100sqm in prime main shopping strip location
  • Positioned amongst numerous complimentary retailers including Aust Post, OPSM, Amcal, NAB, CBA and Westpac
  • Lease term of 3 years from 4.10.2017
  • Further lease terms of 3 years plus 3 years
  • Current rental of $32,000 per annum net
  • Fixed 3 per cent annual rent increases
  • Market reviews in year one of each option
  • Tenant pays all outgoings
  • Established caf tenancy
  • 2 allocated on site rear car parks
  • Built in 2009 with excellent income tax depreciation benefits
  • Established and evolving suburb in Melbourne's booming northern corridor
Building:

100m²

Zone:

Commercial 1

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