8/121 Grices Road Clyde North VIC 3978

Burgess Rawson is pleased to offer to the market the Curry Twist Indian restaurant at 8/121 Grices Road Clyde North for sale via Investment Portfolio Auction 163.

The investment has the following highlights:

+ Long 10 year lease to October 2032 plus options to 2042.
+ Immaculate 85sqm* premises with brand new fit-out complemented by supporting retail.
+ Curry Twist: New and exciting Indian restaurant with a popular following and high star Google reviews.
+ Annual fixed 3% rent increases.
+ Landlord favourable net lease terms with the tenant paying all usual outgoings.
+ Single tenant minimum management investment.
+ Prime exposure, frontage to 89-space public car park.
+ Brand new construction providing maximum tax depreciation benefits.
+ Surrounded by important social infrastructure including 9 schools with over 7,500 full-time students.**
+ Clyde North: Melbourne's major southern growh corridor with the population forecast to increase 130.21% by 2041. ***
+ Net Income: $38,250 pa* + GST.

To be sold via Investment Portfolio Auction 163
10:30am AEST, Wednesday 13 September
Crown Casino, Melbourne

*Approx
**GapMaps
***Forecast.id