Burgess Rawson are pleased to present to market the Ludhiana Junction restaurant at 4, 145 Gateway Boulevard, Epping VIC for sale via Investment Portfolio Auction 171.
This property has the following key investment highlights
+ New Seven (7) year net lease to 2031 plus options to 2041.
+ Ludhiana Junction: Licensed Indian restaurant trading 7 days until 10pm with dine in, takeaway and delivery options.
+ Immaculate 103sqm* premises with modern tenant fit-out.
+ Fixed, compounding 3% annual rent increases.
+ Tenant pays usual outgoings as per the lease.
+ 6 month bank guarantee plus personal guarantee.
+ Supported by complementary retailers including, KFC, Ampol and Supercheap Auto.
+ Epping: Metro Melbourne growth suburb (18km* from Melbourne CBD), with population forecast to grow 45% by 2041.**
+ Thriving freight and logistics precinct on the corner of the Hume Freeway and O'Herns Road, two major commercial road links servicing 88,400 vehicles passing per day.***
+ Opportune restaurant position adjacent to Mainfreight logistics with 11,311 staff members.****
+ Less than 2.2km* from the Pacific Epping Shopping Centre, a triple supermarket and DDS shopping centre anchored by Coles, Woolworths, ALDI, Big W, Best & Less, Kmart, Harris Scarfe and JB Hi-Fi home to over 299 total stores and 4,741 parking spaces.****
+ City of Whittlesea: 4th largest LGA in Victoria, with a population forecast to grow 48%* to over 360,000 by 2041.**
+ Rent: $61,800 pa* + GST.
To be sold by Investment Portfolio Auction:
10:30am AEST Wednesday 18 September 2024
Crown Casino, River Room, Melbourne
* Approx
** Forecast.id
*** GapMaps
**** QIC
***** Mainfreight
