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Auction - Shops 1,4,7, 111A Elation Boulevard, DOREEN, VIC 3754

Investment (), Retail

3 Affordable Investments in Growth Corridor

Auction: 28/02/2018 1:00:00 PM

Property ID: 10275 Price: Contact Agent Building: 80m²

Property Description

- Modern Investments situated in recently completed retail development
- Located adjacent to community centre, YMCA day-care facility and proposed primary school.
- Brand new shops of 80sqm approx. each
- Returning $32,000 - $36,000 per annum plus outgoings and GST
- Large on site customer and staff car park of 74 spaces
- Excellent tax depreciation benefits
- Surrounded by rapidly expanding residential catchment in one of Victoria’s fastest growing regions providing strong prospects for future capital appreciation


Summary:

Shop 1- Kebab Culture
5yr + 5yr lease returning $32,000 per annum plus outgoings
3% fixed annual increases, market review at option

Shop 4- Pier 4 Fish and Chippery
5yr + 5yr + 5yr lease returning $32,000 per annum plus outgoings
3% fixed annual increases, market review at option

Shop 7- Your Dentist
5yr + 5yr lease returning $36,000 per annum plus outgoings
4% fixed annual increases, market review at option

Contact Exclusive Agents for further information:

Ervin Niyaz 0404 808 327
David Bourke 0407 705 755

Components

Name Naber's Building Land Rent (p.a.) Price
Total N/A 80m2 N/A N/A Contact Agent

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Property Overview

Property ID
10275

Price
Contact Agent

Building
80m²

Consultant Details
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