Burgess Rawson is delighted to offer to the market the Domino's pizza investment, 223 Bridge Road, Cobblebank VIC for sale via Investment Portfolio Auction 161
The property has the following investment highlights:
+ Long 7-year lease to March 2030 plus options to 2040
+ Landlord preferred, net lease terms with tenants paying all usual outgoings
+ Fixed compounding 3.5% annual increases
+ Domino's: worlds largest pizza chain with 755 stores across Aus and more than 20,000 worldwide
+ Built to suit Domino's latest corporate fit-out
+ Brand new build providing significant 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: Booming Melbourne growth suburb, 98% forecast population growth by 2051
+ Net income: $61,875 pa + GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 21st June 2023
Crown Casino, Melbourne.
To arrange an inspection, or for more information, please contact the exclusive selling agents:
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au
LIMING QIAO
0447 288 323
lqiao@burgessrawson.com.au
