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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

Nearest transport* to Unit 4/223 Bridge Road Cobblebank VIC 3338

Bus
Train
Tram
Ferry
Diamond Pde/Bridge Rd (Cobblebank)64 m
Diamond Pde/Bridge Rd (Strathtulloh)71 m
Wembley Ave/Bridge Rd (Strathtulloh)162 m
Alabaster Ave/Bridge Rd (Cobblebank)162 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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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
Shaun Venables
Burgess Rawson VIC Pty Ltd
Call
0411 860 865
David Napoleone
David Napoleone
Burgess Rawson VIC Pty Ltd
Call
0417 308 067
Romanor Falconer
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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