Indian Restaurant, 5/1A Zoe Drive,
Wollert, VIC 3750
Key property information
Map of Indian Restaurant, 5/1A Zoe Drive
Entry Level Investment - Established Indian Restaurant with Take Away
- Leased to Sep 2024 + options to 2029
- Rare 4% annual increases
- Tenant pays all usual outgoings
+ Rare fixed 4% increases ensuring rental growth.
+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.
+ Leased to established & successful operator
+ Newly constructed 110sqm shop with high quality fit-out
+ Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One.
+ Wollert: within Melbourne’s fast growing northern growth corridor with estimated 52% population growth by 2041.
+ Net Income: $57,907 pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
Property ID: 503898402Last Updated: 25 Nov 2021