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Unit 4/223 Bridge Road
Cobblebank VIC 3338
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Sold on 14 Sep 2023

Unit 4/223 Bridge Road Cobblebank VIC 3338

  • Shop & Retail
  • 94 m²
  • Sold

Brand New 5 Year Lease to 2028 Plus Options to 2038 | Immaculately Presented Kebab Restaurant

    Burgess Rawson is delighted to offer to the market the Eagle Kebab restaurant at 4/223 Bridge Road Cobblebank for sale via Investment Portfolio Auction 163.

    The investment has the following highlights:

    + Brand new 5 year lease to March 2028 plus options to 2038.
    + Eagle Kebab: thriving new restaurant open 7 days a week with 5 star Google reviews.
    + Prime 94sqm* retail shop with frontage and exposure to 124 public car spaces.
    + 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 areas with population anticipated to surge to over 416,000 by 2051, a 98% increase. ***
    + Net Income: $47,000 pa* + GST.

    *Approx
    **VHBA
    ***Forecast.id

    For further information, please contact the agents via the contact details below.

    Shaun Venables
    +61 411 860 865
    svenables@burgessrawson.com.au

    David Napoleone
    +61 417 308 067
    dnapoleone@burgessrawson.com.au

    Romanor Falconer
    +61 413 830 808
    rfalconer@burgessrawson.com.au

    Limin Qiao
    +61 447 288 323
    lqiao@burgessrawson.com.au

    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 Sold14 Sep 2023
    Floor Area94 m²
    Land Area94 m²
    ParkingAsk Agent
    Property ID2018715047
    Category
    Last updated  14 Sep 2023
    Map for Unit 4/223 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 Sold14 Sep 2023
    Floor Area94 m²
    Land Area94 m²
    ParkingAsk Agent
    Property ID2018715047
    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 4/223 Bridge Road Cobblebank VIC 3338

    Unit 4/223 Bridge Road Cobblebank VIC 3338 is categorized as Shop & Retail Property. It has a floor area of 94 m² and a land area of 94 m². The listing ID for this property is 2018715047.

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