Triple Fronted Investment With New 10 Year Lease
Fitzroys is delighted to offer an outstanding retail investment prominently positioned in the tightly held Wheelers Hill Shopping Centre.
The property is leased to the renowned Rokk Ebony Salon group – one of Melbourne’s leading hair salons with various locations.
Key investment features include:
- High profile corner position at front of the Wheelers Hill Shopping Centre
- Rare triple fronted premises with corner street frontage of over 38 metres PLUS frontage to inside of shopping centre of over 9 metres
- Two shops on one title
- Immaculately presented building with a combined area 210sqm*
- Leased to Rokk Ebony Pty Ltd trading as Fratelle Hair and Buzzy Barber
- Director’s guarantee and bank guarantee provided
- Lease term: 10 x 5 x 5 years from March 2019
- Returning $125,000 per annum plus GST
- All outgoings paid by the tenant
- Highly successful hair salon operating within Wheelers Hill Shopping Centre for over 26 years
- Centre includes over 500 car parking spaces
- A perfect superannuation investment!
Wheelers Hill Shopping Centre is a thriving neighbourhood centre incorporating over 40 specialty stores and a corporate centre and is anchored by National tenants including Woolworths, BWS. Nando's, Bakers Delight, Bottle-O, Domino’s, Tatts, Aus Post and National Pharmacies.
FOR SALE BY PUBLIC AUCTION: FRIDAY 15th NOVEMBER AT 1PM ONSITE