Sold

501 Plenty Road
PRESTON, VIC 3072

Property Type
Retail
Building Area
175m2

NEW 7 YEAR LEASE TO MAJOR MULTI STORE TENANT

Fitzroys is delighted to offer for sale this beautifully presented, securely leased retail investment located at 501 Plenty Road, Preston.

Key attributes include:

•   Modern ground floor retail premises of 175sqm*
•   Dominant frontage of 11.7 metres* to busy Plenty Road
•   Includes 2 garaged car parks on title
•   Brand new 7 + 7 + 7 year lease to Augustus Gelatery
•   Highly popular tenant with 38 stores across Victoria and NSW
•   The business has been trading successfully from this premises for over 6 years
•   Returning $60,000 per annum plus GST
•   Tenant pays all usual outgoings
•   Very low land tax liability
•   Convenient access to major arterial roads, providing excellent connectivity to nearby suburbs
•   Surrounded by strong demographics and a dense residential catchment
•   Rare affordable, high yielding retail investment opportunity in a surging location

For further details or an inspection, please contact Fitzroys selling agents Chris Kombi and Max Uzunovski


*Approx.

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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Max Uzunovski

M: 0427 301 224
E: uzunovskim@fitzroys.com.au

Property Type
Retail
Building Area
175m2