Kofi Beans , 137-139 Main Street,
Croydon, VIC 3136

Shops & Retail • Medical & Consulting • Offices

Key property information

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Map of Kofi Beans , 137-139 Main Street

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Renewed 12 Year Lease with Fixed 4% Increases

Long 12 year lease to 2033
Proven business on-site 13+ years
Tenant pays all usual outgoings

+Renewed Twelve (12) year lease to June 2033
+Kofi Beans: longstanding café with huge & loyal customer base on-site 13+ years
+Rare fixed 4% annual rent increases assuring growth
+Investor preferred net lease terms with the tenant paying all usual outgoings
+Proven freehold retail building with direct exposure to high foot traffic pedestrian crossing
+High profile 288sqm site on main retail strip with important dual street frontage and exposure
+Desirable Main Street position amongst Australia Post, all major banks and brand new $18m multi-storey car park
+Croydon: metro suburb only 27km east of the Melbourne CBD, median house price up 15.8%**
+Net Income: $77,427pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room

*approx.
**realestate.com.au

Croydon, 3136 demographic data

The median household income for Croydon is $1,615, 15% lower than Greater Melbourne's household income of $1,901. Croydon has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 52% of property owners in Croydon have a mortgage.

28,608

Population

$1,615 per week

Median household income

39 years

Median age

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