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Burgess Rawson - Melbourne

Indian Grocer, 37 Baltrum Drive Wollert, VIC 3750


Indian Grocer, 37 Baltrum Drive,
Wollert, VIC 3750

Shops & Retail • Medical & Consulting • Offices

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

Burgess Rawson - Melbourne

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

Map of Indian Grocer, 37 Baltrum Drive


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

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