Knight Frank is pleased to offer this unique investment opportunity for sale located in University Hill, Bundoora.
Recently leased to Samaya Beauty Centre on a 5x5x5 year lease, this exceptional property offers investors a great opportunity to purchase a brand new investment in the increasingly popular 240 Plenty Road strata development.
Complete with unparalleled amenities, technology and access to major transport arterial's, University Hill provides the ideal platform for business success, now and into the future.
Lease Term:
- Tenant: Samaya Beauty Centre
- Annual Net Rental: $35,000 plus GST plus Outgoings
- Lease term: 5 x 5 x 5 year lease
- Lease commencement: 15th January 2018
- Annual Reviews: 3.5% fixed annual increases
- Security deposit: 3 months rent
- Size: 84sqm with 3 car spaces on title
Given the area's popular location and surrounds, there is no doubt you'll benefit from a healthy return in one of Victoria's fastest growing areas. Perfect for your self-managed superfund investment portfolio.
For further information or to arrange an inspection please contact Matt or Nick.
