83 O'Shanassy Street,
Sunbury, VIC 3429
Shops & Retail
Key property information
Land area
Floor area
Tenure type
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Map of 83 O'Shanassy Street
SOLID RETAIL INVESTMENT
For those looking for a solid passive income investment this is now your opportunity. Situated in one of our major retail streets in the heart of the Township.
Long term established business operating a licensed health food store, café and Organic grocer. Quality fitout and excellent presentation featuring serving area, customer seating, offices, customer and staff toilets, storeroom and access via rear lane way for two rear car parks with carport. ( 198sqm approx. shop size)
Terms of Lease
- 5 years ( commenced 11th November 2021)
- $42,000 annual payment plus GST and outgoings payable by Tenant
- 3% fixed yearly increases with market review at end of each term
- 2 further terms of 5 years each
Surrounded by other quality local and National retailers. Other factors to consider is the huge demand for retail space in a booming growth area with population planned to double in the next 10-15 years
To be sold at Auction, 10% payable with flexible settlement period. More information available upon request.
Long term established business operating a licensed health food store, café and Organic grocer. Quality fitout and excellent presentation featuring serving area, customer seating, offices, customer and staff toilets, storeroom and access via rear lane way for two rear car parks with carport. ( 198sqm approx. shop size)
Terms of Lease
- 5 years ( commenced 11th November 2021)
- $42,000 annual payment plus GST and outgoings payable by Tenant
- 3% fixed yearly increases with market review at end of each term
- 2 further terms of 5 years each
Surrounded by other quality local and National retailers. Other factors to consider is the huge demand for retail space in a booming growth area with population planned to double in the next 10-15 years
To be sold at Auction, 10% payable with flexible settlement period. More information available upon request.
Additional information
External websites
Sunbury, 3429 demographic data
The median household income for Sunbury is $1,925, 1% higher than Greater Melbourne's household income of $1,901. Sunbury has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 60% of property owners in Sunbury have a mortgage.
38,851
Population
$1,925 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
83 O'Shanassy Street
Sunbury, VIC 3429
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