51A Main Road Monbulk VIC 3793

Burgess Rawson are pleased to present to market the Cellarbrations at 51A Main Road, Monbulk VIC for sale via Investment Portfolio Auction 171.

+ 10 Year Lease to May 2029 plus options to May 2039
+ Fixed 3% annual rent increases assuring rental growth
+ Cellarbrations: Hugely successful independent liquor chain with 700+ stores the nation
+ Landlord preferred net structure with tenant paying usual outgoings as per Lease
+ Modern 248sqm premises constructed in 2017 with important rear loading
+ Capital intensive tenant fit-out
+ Excellent tax saving depreciation benefits
+ Large 384sqm premium Commercial 1 zone landholding
+ 4 Carparks on title
+ Strategic position amongst Woolworths, ALDI, Bendigo Bank, Australia Post, Amcal and Mitre 10
+ Monbulk: important Yarra / Dandenong Ranges township, 42 klms east of Melbourne CBD
+ Net Rent: $62,195 pa* +GST

For Sale by Investment Portfolio Auction
10:30am (AEST) on Wednesday, 18 September 2024
at Crown Casino, Melbourne

* Approx