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Burgess Rawson - Melbourne

Kofi Beans , 137-139 Main Street Croydon, VIC 3136

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Kofi Beans , 137-139 Main Street,
Croydon, VIC 3136

Shops & Retail • Medical & Consulting • Offices

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Renewed 12 Year Lease with Fixed 4% Increases

  • Long 12 year lease to 2033
  • Proven business on-site 13+ years
  • Tenant pays all usual outgoings
+Renewed Twelve (12) year lease to June 2033
+Kofi Beans: longstanding café with huge & loyal customer base on-site 13+ years
+Rare fixed 4% annual rent increases assuring growth
+Investor preferred net lease terms with the tenant paying all usual outgoings
+Proven freehold retail building with direct exposure to high foot traffic pedestrian crossing
+High profile 288sqm site on main retail strip with important dual street frontage and exposure
+Desirable Main Street position amongst Australia Post, all major banks and brand new $18m multi-storey car park
+Croydon: metro suburb only 27km east of the Melbourne CBD, median house price up 15.8%**
+Net Income: $77,427pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room

*approx.
**realestate.com.au

Property ID: 504109051Last Updated: 1 Aug 2023

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Kofi Beans , 137-139 Main Street
Croydon, VIC 3136
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