Crabtrees Real Estate are pleased to offer this securely leased AAA investment for private sale. On offer is a high exposure main road retail investment leased to national architectural paint supplier, DuluxGroup.
Key attributes of the property include:
+ Securely leased to DuluxGroup (Australia)
+ Building area: 853sqm approximately
+ Land area: 998sqm approximately
+ Income: $214,918 p/a NET (tenant pays all outgoings including land tax)
+ Lease term: 5 x 5 years from 26/9/2017
+ Favourable Commercial 1 zoning
+ Premium high exposure location
+ Dual frontages
+ Ample parking
+ Ultimate secure investment
The property is located on Springvale Road near the major intersection of Princes Highway in a prominent shopping centre anchored by tenants including Coles, Supercheap Auto, KFC, Spotlight, Subway, Pizza Hut, Hungry Jacks & Jetts Fitness to name a few.
TERMS: 10% DEPOSIT BALANCE 30-60 DAYS
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!