NEW 7 YEAR LEASE TO MAJOR MULTI STORE TENANT

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

The property is offered For Sale By Deadline closing Wednesday 4th March at 3pm.

Key attributes include:

•   Modern ground floor retail premises of 175sqm*
•   Dominant frontage of 11.6 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 Ma Uzonovski

*approx.