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Shops 3 and 6, 53 Mosaic Drive
LALOR, VIC 3075

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Property Description

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.

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Consultant

Chris Kombi

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

Ervin Niyaz

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

Enquire about property
Property Information

Property ID
G1475871

Price
Contact Agent

Building
68m2 – 101m2