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Burgess Rawson - Melbourne

Laundromat, 3/220 Epping Road Wollert, VIC 3750

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Laundromat, 3/220 Epping Road,
Wollert, VIC 3750

Shops & Retail • Showrooms & Large Format Retail • Medical & Consulting

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Burgess Rawson - Melbourne
Shaun Venables
Beau Coulter
Zomart He

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Laundromat, 3/220 Epping Road
Wollert, VIC 3750

Map of Laundromat, 3/220 Epping Road

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Clean Commercial Investment Starter - 7 + 7 Year Net Lease

  • 7 + 7 year net lease to 2025
  • Established tenant since 2018
  • Fixed 4% rent increases
+ Seven (7) year lease to March 2025 plus Seven (7) year option to 2032.
+ Generous 4% fixed annual rent increases assuring growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings.
+ As new 80sqm laundromat constructed in 2018 with dual frontage and customer entry points - Significant depreciation benefits on offer.
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations, Burger Edge and Dental One.
+ Wollert: within Melbourne’s fast growing northern growth corridor with estimated 52% population growth by 2041.
+ Net Income: $40,045pa + GST

Auction Wednesday 23 June
River Room, Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

Property ID: 503834918Last Updated: 23 Aug 2021

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