Share this property

realcommercial.com.au
Burgess Rawson - Melbourne

Shop B2/223 Bridge Road Cobblebank, VIC 3338

Directions

Shop B2/223 Bridge Road,
Cobblebank, VIC 3338

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne
Shaun Venables
David Napoleone
Romanor Falconer

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Shop B2/223 Bridge Road
Cobblebank, VIC 3338

Map of Shop B2/223 Bridge Road

Directions

Brand New 5 Year Lease to 2028 | An Attractive First Investment

  • New 5 Year Lease to March 2028
  • Fixed Compounding 3% Rent Increases
  • Highly Visible Corner Position
Burgess Rawson is delighted to offer to the market the Precious Beauty Lounge investment at Shop B2, 223 Bridge Road, Cobblebank (Melton) VIC for sale via Investment Portfolio Auction 162

The Property has the following investment highlights:
+ Brand new 5 year net lease to March 2028 plus option to 2033
+ Landlord preferred, net lease terms with tenants paying all usual outgoings
+ Fixed compounding 3% annual increases
+ Precious Beauty Lounge: Facial, skin and hair treatments amongst complementary users
+ Immaculately presented 51 sqm* premises with new AAA fit-out
+ Brand new construction providing tax saving depreciation benefits
+ Single tenant, minimum management investment
+ New & rapidly expanding 'master planned' community metres from schools, public transport and community facilities
+ Strategically positioned within the Atherstone Estate (4,500 lots*)
+ Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre
+ Future $900M Melton Hospital: 600 metres* from the subject property, 274+ beds, 24 hour emergency department and will create more than 700 - 1,700 direct and indirect jobs during construction
+ City of Melton: population anticipate to surge to over 416,000 by 2051, a 98% increase
+ Net income: $35,000 pa* GST

To be sold by Investment Portfolio 162 Auction
10:30am AEST Wednesday 2nd August 2023
Crown Casino, Melbourne.

SHAUN VENABLES
0411 860 8...
svenables@burgessrawson.com.au

DAVID NAPOLEONE
0417 308 0...
dnapoleone@burgessrawson.com.au

ROMANOR FALCONER
0413 830 8...
rfalconer@burgessrawson.com.au

*approx.

Property ID: 504364360Last Updated: 7 Feb 2024

progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.