Burgess Rawson are pleased to present to market the Victoria's Pizza 5/364-368 Horseshoe Bend, Armstrong Creek (Geelong) VIC for sale via June Investment Portfolio Auction 177. The property has the following investment highlights: + New 10 year lease to December 2034, plus option to 2039. + Victoria's Pizza: Established pizzeria chain with 16 locations and growing. Open 7 days a week, offering takeaway, and delivery services. + Prime 84sqm* premises with a significant tenant funded fit-out. + 60 communal lined car spaces on site. + Attractive, fixed 3.5% annual rent increases, ensuring rental growth. + Tenant pays usual outgoings, excluding land tax. + New construction, providing significant tax saving depreciation benefits. + Located in one of Greater Geelong’s high-growth LGAs, with population forecast to increase 70% to 28,315 by 2046.** + Positioned within the $1billion Ashbury development, with 296 homes recently completed as part of the estate. + Only 1.5km from the Armstrong Creek Town Centre, incorporating Coles, McDonald's, Carl's Jr, Red Rooster, KFC, Dan Murphy's and more. + Potential 50% Stamp Duty savings. + Net Income: $49,425 pa* + GST. For Sale Via Investment Portfolio Auction 177 10:30am AEST, Wednesday 25th June 2025 River Room, Crown Casino, Melbourne VIC *Approx **Forecast.id
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Immobilie ID: 504872312
Ursprüngliche Immobilie ID: 504872312