2-12 Mason Street,
Newport, VIC 3015

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Map of 2-12 Mason Street

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AFFORDABLE SUPERMARKET INVESTMENT

DEPRECIATION BENEFITS
LONG LEASE
ESTABLISHED BRAND

Affordable supermarket investment with long lease to established brand and operator. Located within the popular and sought after inner city suburb of Newport. A prime corner investment as part of this successful mixed use development.

• Lease Term: 10 years
• Further Terms: 5 + 5 + 5 + 5 years
• Rental: $208,000*pa net
• Reviews: Annual 4% increases with a market review at end of year 5 and on exercise of each further term
• GLA 585sqm* and 4 on site car spaces
• Depreciation benefits available
*approx

For further information contact:
GROSS WADDELL PTY LTD

Michael Gross 0419 355 5...
Daniel Greenlees 0415 147 511
Alex Ham 0410 545 2...

Newport, 3015 demographic data

The median household income for Newport is $2,657, 40% higher than Greater Melbourne's household income of $1,901. Newport has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 58% of property owners in Newport have a mortgage.

13,658

Population

$2,657 per week

Median household income

38 years

Median age

Owners

Most residents

Families

Most households