1/311 Boundary Road Mordialloc VIC 3195

This Could Be Perfect For Your SMSF!

POINT OF INTEREST:

Unique speciality fit-out patisserie café with tasty leasing terms - Chloe and Zoe Patisserie & Café have been serving cakes since 2020. The retail business eagerly signed up to a 3 + 3 + 3-year lease beginning in August 2023, with leasing income of $20,000pa plus GST. Comprising 67 sqm* of total building area, purposefully fitted as a retail cake stall and cafe. 2 car spaces included on Title, plus 14 visitor car spaces on-site. With street frontage and exposure to Boundary Road, safeguarding business exposure for any food retail or future industrial 1 use.

- Leased to Chloe & Zoe Patisserie Pty Ltd
- Current leasing agreement: 3 + 3 + 3 years beginning in August 2023.
- $20,000 + GST in leasing income.
- annual 4% rent increases
- 67 sqm* total building area.
- Industrial 1 zoning.
- 3 car spaces on title, plus an additional 14 on-site.
- 800 m* to the Mordialloc Freeway.
- 3.1 km* to the Dingley Bypass.
- 2.4 km* to the Nepean Highway.

The property is very well located to take advantage of the thousands of cars passing every day.