Collins Commercial & Industrial proudly presents for sale two (2) magnificent retail shops known as Shops A & B/389 Princes Highway Noble Park with separate titles offered as a whole. These outstanding commercial retail facilities (each consisting of 100m2* building areas) located in one of the south eastern corridor's most sought-after locations benefits greatly from its 24 hour high-vis disposition & unparalleled arterial linkages coupled with its vast residential catchment & connectivity with surrounding commercial & industrial precincts.

This asset represents a unique opportunity for investors to secure an unprecedented quality investment property featuring two (2) premises serviced with strong tenant covenant.

Key Features:

• Gross building areas: 100m2* each premises.
• Unbeatable high density traffic exposure (cnr Princes Highway & Chandler Road)
• 4,000 litre grease trap.
• 11 on-site car parking spots including Disabled.
• Operates 7 days per week - 7am-11pm
• 3 Phase power - Gas link - Signage exposure
• Fixtures & fittings included in the property: two (2) commercial range hoods, fixed tile
servicing counters, with counter tops. Walk-in cool room, steel kitchen sinks &
commercial taps, ceiling ducted heating & cooling system, security cameras & system,
grease trap.

• LEASE TERM: seven (7) year lease commenced 1 July 2022
• LEASE OPTIONS: 5 x 5 x 5 x 5 x 5 years
• OUTGOINGS: payable by tenant
• TENANTS: Shop A - SOUVO SHACK / Shop B - MISS CHUNKIES BURGERS
• RENT: combined gross rental $116,390.16 pa plus GST
• ANNUAL INCREMENTS: 3%