+61 3 8566 7633

info@bosisto.com.au

    

1/33 Fennell St

Port Melbourne VIC 3207

McArthurs Business Park, Altona North - New Cafe in Major Business Park Complex with $50K pa Net 1A Cafe/40-52 McArthurs Road ALTONA NORTH VIC

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Description
  • New cafĂ© in major business park complex
  • $50,000pa net rent pa + outgoings
  • 5 X 5 X 5 year lease

SOLD

- Purpose-built Cafe in major business park complex of 63 units
- Annual rental increases of 4.0%
- 5 X 5 X 5 year lease to experienced operator
- $50,000 net annual rental + outgoings + GST
- New lease commencing 15th May 2021
- 4 on site car parking plus abundant on street free all day car parking
- Large local commercial catchment including Lendlease, Socobell, Hutchinson Builders
- Servicing 100+ new business owners next door and adjacent.

Call Glyn Bosisto on 0414-304-580 to arrange an inspection & for detailed property report.



Detail
Price: Sold for $870,000 on 27/07/2022

Property Status: Sold

Category: Retail, Offices, Industrial/Warehouse

Land Area: 113 m2

Municipality: City of Hobsons Bay

Exclusivity: exclusive

Building Area: 113 m2

Parking Type: On-site parking available

Car spaces: 4

Zoning: Industrial 3 Zone

Occupancy Title: Not Applicable

Age / Year Build: 2020

Availability: Now

Condition: New

Levels: 1 level

Gas Supply

NBN/Data/Telecoms

3 Phase Power

Universal Access

Amenities

Kitchenette

Extraction / Exhaust

Grease Trap

Airports

Arterial Road / Freeways

Bus Route

Tenant: Edwin Hospitality Group

Lease Terms: 5 X 5 X 5 years

Lease Commencement Date: 15 May 2021

Annual Rental $/pa net: $50,000

Rent Reviews: 4.0% annual rental increases + Market Review at any option

Security Deposit: $13,750

Property ID: commercial8862


Address
1A Cafe/40-52 McArthurs Road ALTONA NORTH VIC