Supreme Freehold Investment
Fitzroys is delighted to offer for sale this exceptional freehold investment opportunity situated in the vibrant and highly popular Centre Road, Bentleigh shopping precinct.
The key attributes of this exceptional opportunity include: - Leased to ASX listed Tenant – Domino’s Pizza Enterprises Limited ( Market Capitalisation $8.441B – March 2021. ) - 848 Stores throughout Australia and New Zealand. - 5 + 5 Year lease from November 2019 returning $52,611.24 per annum plus outgoings and GST. - Tenant pays State Land Tax – ( Single Holding Basis). - Land Area: 200sqm approx with generous frontage of 5.48 metres approx. - Prominent north facing two storey building with quality fit out. - On site parking included with rear access entered from Robert and Mitchell Streets. -Excellent public car parking nearby and walking distance to Woolworths and Coles Supermarkets and the revitalized Bentleigh Train Station. -Close to popular retailers including Westpac Bank, TAB, First Choice Liquor, Nando’s, Spec Savers, Priceline Pharmancy, Hairhouse Warehouse, Chemist Warehouse, Bakers Delight, ANZ , CBA and excellent mix of local traders and established eateries. - Several new multi-level developments in proximity providing an immediate catchment and foot traffic to the precinct.
488 Centre Road presents an outstanding opportunity to acquire highly sought-after freehold investment situated within a highly popular and established shopping strip.
FOR SALE BY PUBLIC AUCTION THURSDAY 29TH APRIL AT 1PM ON SITE