Auction: 27/02/2020 1:00 PM

Shops 1, 2, 3, 4 & 5, 111B Elation Blvd
DOREEN, VIC 3754

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Property Description

4 Brand New Investments In Growth Hot Spot

Fitzroys is delighted to offer 4 outstanding investments with new long term leases located within one of Melbourne’s fastest growing population corridors.

Property features include: - Immaculately presented commercial development - Rapidly expanding catchment area surrounded by residential housing, within established Riverstone commercial precinct. - Located adjacent to Ashley Park Primary School, Orchard Road YMCA Community & Early Learning Centre - Unique investment opportunity in one of Victoria’s fastest growing regions providing strong prospects for future growth - Rentals ranging from $45,000 - $75,000 p.a plus outgoings and GST - Areas ranging from 80sqm to 300sqm* - Ample on site car park for approximately 67* spaces - Excellent tax depreciation benefits

Tenancy summary:

Shop 1 F45 Training Term: 5 + 5 year lease Rental: $75,000 pa plus GST

Shop 2 Quick Fit Health Club Term: 7 + 5 + 5 year lease Rental: $66,000 pa plus GST

Shop 3 Victoria’s Pizza N Beyond
Term: 10 + 5 year lease Rental: $45,000 pa plus GST

Shop 4&5 Ray White Real Estate Agency
Term: 5 + 5 year lease Rental: $50,000 pa plus GST

*approximate

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Consultant

Ervin Niyaz

M: 0404 808 327
E: niyaze@fitzroys.com.au

David Bourke

M: 0407 705 755
E: bourked@fitzroys.com.au

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Property Information

Property ID
G1393311

Price
Contact Agent

Building
80.00m2 – 300.00m2

DocumentType
Brochure Pdf