2 Affordable Investments With Long Leases In Place

Fitzroys is delighted to offer for private sale, two high performing retail properties located within Lalor’s busy Mosaic Village.

• Well positioned within the desirable Mosaic Living Estate, opposite popular Gilwell Park and surrounded by a strong and growing residential catchment
• Mosaic Village is anchored by Nino Early Learning Adventures and comprises eateries, gym and mini supermarket
• Two (2) well presented, fully self-contained ground floor shops
• Long, secure leases in place with fixed annual rental increases
• Large on site car park fronting shops

Lease Details:

SHOP 3 – LORD OF DOUGH Lease Term: 5 x 5 x 5 years Rental: $36,565 per annum

SHOP 6 – MOSAIC CONVENIENCE STORE Lease Term: 10 x 5 x 5 years Rental: $43,704 per annum

• Excellent tax depreciation benefits
• No Land Tax payable on a single holding basis
• Close proximity to Baptcare aged care, various schools, recreational facilities and major arterials
• Located just 18km* North of the CBD, Lalor is part of the City of Whittlesea which is one of Victoria’s fastest growing municipalities
• This is an outstanding opportunity to purchase an entry level commercial investment within Melbourne's surging Northern corridor

FOR IMMEDIATE SALE – SHOP 3 & SHOP 6, 53 MOSAIC DRIVE, LALOR

*approx.