Unit 2/223 Bridge Road,
Cobblebank, VIC 3338
Key property information
Map of Unit 2/223 Bridge Road
Brand New 8 Year Lease to Modern Indian Restaurant Plus Options | Booming Western Growth Corridor
- 8 Year Lease to March 2031 Plus Options
- Fixed 3% Annual Rent Increases
- Tenant Pays All Usual Outgoings
The investment has the following highlights:
+ Brand new 8 year lease to March 2031 plus options to 2039.
+ Tikka Twist: new and successful modern Indian restaurant with dine in, takeaway and delivery service.
+ 139sqm* premises, incorporates commercial kitchen, dining and customer amenities.
+ Brand new construction providing tax saving depreciation benefits.
+ Landlord preferred net lease terms with tenant paying all usual outgoings.
+ Annual fixed 3% rent increases.
+ Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
+ Surrounded by booming infrastructure including the future $900M Government funded Melton Hospital, only 600 metres* from the property, 274+ beds and 700 – 1,700 jobs created.***
+ City of Melton: Recognised as one of Australia’s fastest growing area's with population anticipated to surge to over 416,000 by 2051, a 98% increase.**
+ Net Income: $62,550 pa* + GST
To be sold via Investment Portfolio Auction 163,
10:30am AEST Wednesday 13 September
Crown Casino, Melbourne
Property ID: 504398460Last Updated: 23 Nov 2023
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