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Unit 2/223 Bridge Road
Cobblebank VIC 3338
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Sold on 13 Sep 2023

Unit 2/223 Bridge Road Cobblebank VIC 3338

  • Shop & Retail
  • 139 m²
  • Sold

Brand New 8 Year Lease to Modern Indian Restaurant Plus Options | Booming Western Growth Corridor

    Burgess Rawson are delighted to offer the Indian restaurant at A01, 223 Bridge Road, Cobblebank for sale via Investment Portfolio Auction 163.

    The investment has the following highlights:

    + Brand new 8 year lease to March 2031 plus options to 2039.
    + Tikka Twist: new and successful modern Indian restaurant with dine in, takeaway and delivery service.
    + 139sqm* premises, incorporates commercial kitchen, dining and customer amenities.
    + Brand new construction providing tax saving depreciation benefits.
    + Landlord preferred net lease terms with tenant paying all usual outgoings.
    + Annual fixed 3% rent increases.
    + Position perfect: central to Coles, Cobblebank Railway Station, Statullah Primary School, Aspire Childcare Centres, Cobblebank Stadium and the Atherstone Athletics Centre.
    + Surrounded by booming infrastructure including the future $900M Government funded Melton Hospital, only 600 metres* from the property, 274+ beds and 700 1,700 jobs created.***
    + City of Melton: Recognised as one of Australia's fastest growing area's with population anticipated to surge to over 416,000 by 2051, a 98% increase.**
    + Net Income: $62,550 pa* + GST

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

    *approx
    **Forecast.id
    ***VHBA

    AUCTION

    Auction date and time13/09/2023 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 Sold13 Sep 2023
    Floor Area139 m²
    Land Area139 m²
    ParkingAsk Agent
    Property ID2018715046
    Category
    Last updated  14 Sep 2023
    Map for Unit 2/223 Bridge Road Cobblebank VIC 3338
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold13 Sep 2023
    Floor Area139 m²
    Land Area139 m²
    ParkingAsk Agent
    Property ID2018715046
    Category
    Last updated  14 Sep 2023

    Co-Agents

    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Burgess Rawson VIC Pty Ltd
    Call
    0417 308 067
    Romanor Falconer
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 808

    More about Unit 2/223 Bridge Road Cobblebank VIC 3338

    Unit 2/223 Bridge Road Cobblebank VIC 3338 is categorized as Shop & Retail Property. It has a floor area of 139 m² and a land area of 139 m². The listing ID for this property is 2018715046.

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