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240 Epping Road
Wollert VIC 3750
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Sold on 3 Aug 2022

240 Epping Road Wollert VIC 3750

  • Shop & Retail
  • 82 m²
  • Sold

High Traffic Drive Thru Café Investment | Net Lease to 2025 + Option

+5 year net lease to 2025 plus option to 2030
+Latte Road: Drive thru café, strategically situated on the 'CBD bound' side of busy Epping Road within ever expanding residential precinct
+Landlord favourable, net lease terms with tenant paying all outgoings
+Annual fixed compounding 3% rent increases ensuring rental growth
+High traffic & exposure location with dual frontage and drive thru
+Modern construction and high quality tenant fit-out with great exposure and frontage from Epping Rd
+Single tenant minimum management investment
+Positioned in key commercial complex with 15 complimentary retailers including Shell/Viva, Cellarbrations and Dental One, Wellbeing Chiropractic and more
+Epping North: Melbourne's northern growth corridor with an estimated 52% population growth by 2041
+Net Income: $47,740 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room

AUCTION

Auction date and time03/08/2022 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 Sold3 Aug 2022
Floor Area82 m²
Land Area82 m²
ParkingAsk Agent
Property ID2017918501
Category
Last updated  5 Aug 2022
Map for 240 Epping Road Wollert VIC 3750
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold3 Aug 2022
Floor Area82 m²
Land Area82 m²
ParkingAsk Agent
Property ID2017918501
Category
Last updated  5 Aug 2022

Co-Agents

Zomart He
Zomart He
Burgess Rawson VIC Pty Ltd
Call
0488 220 830
Justin Kramersh
Justin Kramersh
Burgess Rawson VIC Pty Ltd
Call
0460 349 605

More about 240 Epping Road Wollert VIC 3750

240 Epping Road Wollert VIC 3750 is categorized as Shop & Retail Property. It has a floor area of 82 m² and a land area of 82 m². The listing ID for this property is 2017918501.

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