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1/1 Hollingsworth Drive
Cobblebank VIC 3338
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Sold on 4 Aug 2023

1/1 Hollingsworth Drive Cobblebank VIC 3338

  • Shop & Retail
  • 68 m²
  • Sold

Brand New 7 Year Lease to 2030 | Irreplaceable Corner Position Cafe Investment

    Burgess Rawson is delighted to offer to the market the Amelia Café investment at 1/1 Hollingsworth Drive, Cobblebank VIC for sale via Investment Portfolio Auction 162.

    The Property has the following investment highlights:
    + Long 7 year net lease to March 2030 plus options to 2040
    + Landlord preferred, net lease terms with tenants paying all usual outgoings
    + Fixed compounding 3% annual increases
    + Amelia Café: Thriving café open 7 days a week with 100% 5 star google reviews
    + Prime 68 sqm* retail shop with key dual frontage exposure
    + Brand new construction providing tax saving depreciation benefits
    + 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: $37,400 pa* GST

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

    SHAUN VENABLES
    0411 860 865
    svenables@burgessrawson.com.au

    LIMING QIAO
    0447 288 323
    lqiao@burgessrawson.com.au

    DAVID NAPOLEONE
    0417 308 067
    dnapoleone@burgessrawson.com.au

    ROMANOR FALCONER
    0413 830 808
    rfalconer@burgessrawson.com.au

    *approx.

    AUCTION

    Auction date and time02/08/2023 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold4 Aug 2023
    Floor Area68 m²
    Land Area68 m²
    ParkingAsk Agent
    Property ID2018628740
    Category
    Last updated  4 Aug 2023
    Map for 1/1 Hollingsworth Drive Cobblebank VIC 3338
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold4 Aug 2023
    Floor Area68 m²
    Land Area68 m²
    ParkingAsk Agent
    Property ID2018628740
    Category
    Last updated  4 Aug 2023

    Co-Agents

    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Liming Qiao
    Liming Qiao
    Burgess Rawson VIC Pty Ltd
    Call
    0447 288 323

    More about 1/1 Hollingsworth Drive Cobblebank VIC 3338

    1/1 Hollingsworth Drive Cobblebank VIC 3338 is categorized as Shop & Retail Property. It has a floor area of 68 m² and a land area of 68 m². The listing ID for this property is 2018628740.

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