Share this property

realcommercial.com.au
Burgess Rawson - Melbourne

Indian Grocer, 37 Baltrum Drive Wollert, VIC 3750

Directions

Indian Grocer, 37 Baltrum Drive,
Wollert, VIC 3750

Shops & Retail • Medical & Consulting • Offices

Price information

Sold

Contact Agent

Key property information

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne
Justin Kramersh
Beau Coulter
Shaun Venables
Zomart He

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Indian Grocer, 37 Baltrum Drive
Wollert, VIC 3750

Map of Indian Grocer, 37 Baltrum Drive

Directions

New 10 Year Lease to 2031 Strategically Situated in Growing Indian Community

  • 10 year lease to Feb 2031
  • Fixed 3% annual increases
  • Tenant pays usual outgoings
+ Secure 10 year lease to Feb 2031 plus options to 2041.
+ Large 156 sqm premises with dual retail frontage and high exposure.
+ Everest Grocer: Indian grocer strategically situated in one of Melbourne’s most densely populated Indian communities.
+ Fixed compounding 3% annual increases ensuring growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One.
+ Epping North: Melbourne’s northern growth corridor with an estimated 52% population growth by 2041.
+ Net Income: $53,040 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021

Property ID: 503898470Last Updated: 25 Nov 2021

progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.