737 Plenty Road Mill Park VIC 3082

Shop & Retail
1 m²
Sold

SOLD - AN INVESTMENT WITH THE LOT - STRONG PERFORMING FREESTANDING HUNGRY JACKS

BLUE CHIP FREESTANDING INVESTMENT
DOMINANT STANDALONE CORNER STORE
STRONG PERFORMING

A very rarely offered blue chip investment fully leased to Hungry Jacks

Dominant standalone corner store currently liable for turnover rent and growing at more than 11% per annum*

Located opposite Bunnings Warehouse and Rivergum Village Shopping Centre, and adjoining KFC and Domino's Pizza

Strategic multi frontage land holding of 2,487 sqm*, with outstanding exposure to Plenty Road, which is passed by 39,000 cars daily*

Highly convenient at-grade car park for 23 vehicles* on title, together with an additional 20 within the common area

One of the most landlord favoured leases available in the market, with fixed 3% annual rental increases plus provisions for turnover rent (which Hungry Jacks are currently liable for)

Passing net income of $250,000* per annum, which has shown consistent growth year on year, in line with trading performance

THE PROPERTY HAS BEEN SOLD - TO ACCESS A SALES ANALYSIS PLEASE EMAIL THE BELOW.

Rorey James
+61 439 400 081

Justin Dowers
+61 438 098 805

Mark Wizel
+61 409 809 868

CBRE

Level 34, 8 Exhibition Street

Melbourne, VIC 3000

Property Highlights

Date Sold	28 Oct 2015
Floor Area	1 m²
Land Area	2,487 m²
Parking	On site parking available
Property ID	2012281795
Category	Shop & Retail
Last updated

Map for 737 Plenty Road Mill Park VIC 3082

Nearest transport* to 737 Plenty Road Mill Park VIC 3082

Bus

Train

Tram

Ferry

Plenty Rd/Bush Bvd (Mill Park)	89 m
Plenty Rd/Bush Bvd (South Morang)	137 m
Plenty Rd/Development Bvd (Mill Park)	200 m
Plenty Rd/Development Bvd (Mill Park)	202 m

*Within a 4km radius

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CBRE

Level 34, 8 Exhibition Street

Melbourne, VIC 3000

Property Highlights

Date Sold	28 Oct 2015
Floor Area	1 m²
Land Area	2,487 m²
Parking	On site parking available
Property ID	2012281795
Category	Shop & Retail
Last updated

Listed by

CBRE

Call

03 86213333

More about 737 Plenty Road Mill Park VIC 3082

737 Plenty Road Mill Park VIC 3082 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 2,487 m². The listing ID for this property is 2012281795.