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Burgess Rawson - Melbourne

Salvos Store, 51B Main Road Monbulk, VIC 3793


Salvos Store, 51B Main Road,
Monbulk, VIC 3793

Shops & Retail • Showrooms & Large Format Retail • Other

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Burgess Rawson - Melbourne
Shaun Venables
Beau Coulter

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
Burgess Rawson - Melbourne
Salvos Store, 51B Main Road
Monbulk, VIC 3793

Map of Salvos Store, 51B Main Road


Securely Leased to Salvos Stores – Highly Sought After ‘Essential Service’ Investment

  • Secure Lease to 2025+ Options to 2040
  • Salvos Stores: 100+ Year History
  • Fixed 3.5% Annual Rent Increases
+ Secure lease to July 2025 plus options to July 2040
+ Fixed 3.5% annual rent increases assuring rental growth
+ Salvos Stores: Important Government funded retail chain with over 350 stores nationally
+ Salvation Army: ‘Essential Service’ providing communities with preloved goods for over 100 years
+ Landlord preferred net lease with Salvos paying all usual outgoings as per Lease
+ Modern 365sqm premises constructed in 2017 with important rear loading
+ Excellent tax saving depreciation benefits
+ Significant 625sqm site with premium Commercial 1 Zoning (C1Z) – 4 Carparks on title
+ Prime position amongst Woolworths, ALDI, NAB, Commonwealth Bank, Bendigo Bank, Australia Post and Mitre 10
+ Yarra/Dandenong Ranges: 6.6 million overnight/day trip visitors in FY18/19 who spent an estimated $871 million
+ Net rent: $88,242pa +GST (as at September 2020)

For Sale by Investment Portfolio Auction
11:00am (AEST) Wednesday 23 September

Property ID: 503626398Last Updated: 10 Nov 2020

Gorman Allard Shelton
415 Riversdale Road
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