59 Tunstall Square Doncaster East VIC 3109

This secure retail investment offers a prime location with an established, long-term tenant. Don't miss your chance to secure this high-return property in a bustling, well-established shopping precinct.

Key Features:
Tenant: Yasemins Grill and Kebabs a popular, established business
Net Income: $69,345 p.a. + Outgoings + GST
(increasing to $71,772 from 01/08/2025)
Lease: Five (5) years commencing 1/08/2023
Annual Increases: 3.5%
Options: Two further five-year terms
Building Area: 62sqm (approx.)
Wide Shop Frontage with excellent exposure
Rear Access for convenience
Surrounded by Key Retailers: Coles, Vintage Cellars, Chemist Warehouse, Grill'd Burgers, and other specialty stores
On-Site Customer Car Parking for added convenience
Established Neighbourhood Shopping Centre with strong foot traffic

With a long-term lease and consistent rental growth, this property presents a secure and stable investment in a high-demand retail location.

Outgoings payable by tenant estimated at:
Council Rates: $3,050 per annum plus GST
Water Rates: $1,250 per annum plus GST
Owners Corporation Fees: $2,500 per annum plus GST

Auction Details:
Date: Wednesday 5th March
Time: 12:30 PM
Location: On-site at 59 Tunstall Square