Burgess Rawson is pleased to offer to the market Duncans Dingley Cellars, 8 Pauline Avenue, Dingley Village VIC for sale via our Investment Portfolio Auction 168. This investment has the following key highlights: + Brand new Ten (10) year net lease to Duncans to 2034. + Two (2) further 5 year options to 2044. + Duncans Dingley Cellars: leading liquor retailer established in 1994, with a network of 20 stores across Victoria and Tasmania.(1) + Fixed 3% annual rent increases, ensuring income growth. + Investor preferred net lease terms with tenant responsible for all usual outgoings as per the lease. + Well-maintained liquor retail building with capital intensive upgrades currently in progress. + Prime 186sqm* metropolitan Melbourne landholding within 100m* from the Woolworths-anchored Dingley Village Shopping Centre. + High profile location with exposure to 10,700 passing vehicles daily via Centre Dandenong Road. + Long established business on-site 37+ years. + City of Kingston: fast-growing municipality, population forecast to surge 17.81% to 195,819 by 2041.(2) + Net Income: $58,655 pa* + GST. For Sale by Investment Portfolio Auction 10:30am AEST Tuesday 14 May 2024 River Room, Crown Casino, Melbourne Bidder registration required, register here. * Approx (1) Duncans (2) Forecast.id
ส่งอีเมลสอบถามได้ที่ Burgess Rawson - Melbourne
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