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AUCTION - CAFE INVESTMENT - FOOTSCRAY ACTIVITY CENTRE

236 Barkly St, FOOTSCRAY, VIC 3011

Sale History ID: 661
Property ID: 1727
Type: Investment(Medical, Offices, Retail, Showroom)
Price: Contact Agent
Rent: $37,131
Building: 124m²

PROPERTY DESCRIPTION

PREMIUM RETAIL INVESTMENT OPPORTUNITY
• Outstanding opportunity to acquire an exceptional retail investment property
• 5+5+5 year lease to New Leaf Cafe
• Lease commencing Nov 2016
• Current net annual rental $37,131pa net + GST
• Annual rental increasing 3% annually then to market
• Outgoings payable by tenant


• High volume foot traffic in AAA retail strip


• Located in heart of Footscray on Barkly Street
• On site secure car parking on title for 1 car
• Rear access to secure car parking
• Self contained inc amenities & kitchenette
• Close proximity to train station & markets
• Footscray Activity Centre Zoning
• 1 of 3 shops to be auctioned individually - refer to 238 & 234 Barkly St
• Investment report & contract/sale documentation available upon request
• Open for inspection Wednesdays 12.30 - 1.00 pm or by appointment

COMPONENTS

NAME NABER'S BUILDING LAND RENT (p.a.) PRICE
Leased Investment [SOLD] N/A 124m2 (plus 1 car space on titrle) N/A $37,131 Contact Agent
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OTHER SALES & LEASING RESULTS

There are no other sales & leasing results recorded for this property.

ADDITIONAL INFO

FEATURES
Occupancy Tenanted: New Leaf Cafe
Zoning Activity Centre Zone
Commenced 16/11/2016
Yield TBA
Lease Term 5+5+5
Bonds / Guarantees 5 Months Security Deposit
Rent Review 3.0%pa then to Market
Car Spaces 1 Car space on title
OUTGOINGS
Outgoings Payable By Lessee
COMMENTS

PROPERTY OVERVIEW
Sale History ID: 661
Property ID: 1727
Type: Investment(Medical, Offices, Retail, Showroom)
Price: Contact Agent
Rent: $37,131
Building: 124m²
AGENT DETAILS
  • Glyn Bosisto

    P: 03 8566 7633
    M: 0414 304 580

  • Tom Davis

    P: 03 8566 7633
    M: 0419 207 803


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