12A/150 Kelletts Road Rowville VIC 3178

A Rowville institution, Pizza Nova, has operated in the Rowville Lakes Shopping Centre for over 20 years. Having established a loyal customer base and confidence in the location, the tenant has just under four (4) years remaining on the current lease and an option to renew for another five (5) years. Returning just over $58,000 per annum plus GST and outgoings, the shop provides the astute buyer with a convenient income stream and future capital growth potential. Situated in the popular Rowville Lakes Shopping Centre with prime frontage to Kelletts Road, ample customer car parking, various public transport options and quality tenants including IGA Supermarket, Amcal Pharmacy, Barry Plant & Simple Wellness.

Key Features
- Long Term tenant of over 20 years
- Building Area - 112 sqm (approx)
- Five year lease commencing 1 February 2024
- Option to renew for a further five years
- Current rental $58,114.44 per annum plus GST
- Tenant pays all outgoings, other than land tax
- Annual CPI reviews
- Highly sought after Rowville Lakes Shopping Centre opportunity
- Ample customer parking and public transport options.

For further enquires or to inspect the property, please contact Richard Simpson 0402 223 027