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47A Bassetts Road
Doreen VIC 3754
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Sold on 15 Dec 2023

47A Bassetts Road Doreen VIC 3754

  • Shop & Retail
  • 88 m²
  • Sold

Long 10 Year Lease to Successful Food Operators | New Tenant Fit-Out

    Burgess Rawson are delighted to offer to the market the Captain Cookes Fish & Chippery at G2/47-49 Bassetts Road, Doreen VIC for sale via Private Sale.

    This investment has the following key highlights:

    + Long 10 year lease to December 2032 plus options to 2042.
    + Captain Cookes Fish & Chippery: successful restaurant offering dine in, takeaway and delivery options, ran by experienced operators in the food business.
    + Immaculate 88sqm retail premises with AAA tenant fit-out.
    + Adjoining anchor tenant FoodWorks within the new 'Vantage Central' neighbourhood retail centre supported by complimentary restaurants and directly fronting 15 public car parks.
    + Tenant pays all usual outgoings, excluding land tax.
    + Strong and certain rental growth with 3% annual increases.
    + New build, providing significant tax depreciation benefits.
    + Strategic corner position, adjacent to multi- unit development, only 1.2km* from Mernda Railway Station and 450m* from Ivanhoe Grammar, Plenty Campus.
    + Direct access to Bridge Inn Road (350m*) via Bassetts Road, with 9,500 vehicles passing daily.**
    + City of Whittlesea: one of Australia's fastest growing LGA's, forecast to grow in population by 55% to 360,691 residents by 2041.***
    + Net Income: $44,805 pa* + GST.

    *Approx
    **GapMaps
    ***forecast.id

    For further information, please contact the exclusive selling agents below:

    SHAUN VENABLES
    0411 860 865
    svenables@burgessrawson.com.au

    ROMANOR FALCONER
    0413 830 808
    rfalconer@burgessrawson.com.au

    JUSTIN KRAMERSH
    0460 349 605
    jkramersh@burgessrawson.com.au

    JORDAN BELL
    0497 844 705
    jbell@burgessrawson.com.au

    AUCTION

    Auction date and time06/12/2023 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 Sold15 Dec 2023
    Floor Area88 m²
    Land Area88 m²
    ParkingAsk Agent
    Property ID2018889959
    Category
    Last updated  15 Jan 2024
    Map for 47A Bassetts Road Doreen VIC 3754
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold15 Dec 2023
    Floor Area88 m²
    Land Area88 m²
    ParkingAsk Agent
    Property ID2018889959
    Category
    Last updated  15 Jan 2024

    Co-Agents

    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Romanor Falconer
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 808
    Burgess Rawson VIC Pty Ltd
    Call
    0497 844 705

    More about 47A Bassetts Road Doreen VIC 3754

    47a Bassetts Road Doreen VIC 3754 is categorized as Shop & Retail Property. It has a floor area of 88 m² and a land area of 88 m². The listing ID for this property is 2018889959.

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