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Inspirations Paint, 5/191-193 Hull Road (Corner Manchester Road) Mooroolbark, VIC 3138

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Inspirations Paint, 5/191-193 Hull Road (Corner Manchester Road),
Mooroolbark, VIC 3138

Shops & Retail • Development Sites & Land • Offices

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Map of Inspirations Paint, 5/191-193 Hull Road (Corner Manchester Road)

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Blue Chip Retail Investment Adjoining McDonalds

  • Secure 10 Year Lease to 2026 + Options
  • Fixed 3% Annual Rent Increases
  • Future Development Upside (STCA)
Secure 10 year lease to 2026 plus options to 2036
Director’s guarantee & three month security deposit in place
Fixed annual 3% rent increases
Tenant pays all usual outgoings as per the lease
Well presented 174 sqm high exposure corner building with rear access
Strategic retail position adjoining McDonald’s and five-ways intersection
Potential future development upside (STCA) with opposite corner building approved for two additional office levels
Inspirations Paint: Australia’s largest network of paint stores with over 100 stores across the country – strategic alliance with DuluxGroup
Single tenant, minimum management investment
Mooroolbark: Blue chip eastern Melbourne suburb, 31km from the CBD – 70.9% median house price growth in the last 5 years
Rent: $61,001 pa

Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne

Property ID: 502921898Last Updated: 31 Jan 2021

04138398...
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Inspirations Paint, 5/191-193 Hull Road (Corner Manchester Road)
Mooroolbark, VIC 3138
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
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